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LCISD proposes $1.1337 tax-rate notice, budget shortfall and modest lunch price increase
Summary
Chief Financial Officer presented a proposed published tax rate of $1.1337 (M&O 0.6537; I&S 0.48), set June 17 as the public meeting date for budget and tax-rate discussion, and staff proposed a 10-cent daily school lunch price increase for 2025–26.
The Lamar CISD board voted May 20 to publish a proposed tax rate of $1.1337 and set June 17 as the public meeting to discuss and possibly adopt the 2025–26 budget and the proposed tax rate. Chief Financial Officer Miss Ludwig told the board that the published total rate would be 1.1337, split into a maintenance-and-operations (M&O) component of roughly $0.6537 and an interest-and-sinking (I&S) component of $0.48. Ludwig said the proposed total published rate is lower than the current year’s rate.
Miss Ludwig also said the district is estimating $507.8 million in general-fund revenues and $510.2 million…
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