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Houston Public School District board approves levy certification, will levy maximum and reduce LTFM equalized amount
Summary
The Houston Public School District board approved a routine levy certification, agreeing to reduce the equalized Long Term Facility Maintenance (LTFM) amount and initially levy the maximum rate to preserve revenue flexibility; board members said they will revisit the levy later this year.
The Houston Public School District board voted to approve a proposed levy certification, agreeing to reduce the equalized Long Term Facility Maintenance (LTFM) amount and levy the maximum tax rate so the district can preserve revenue flexibility for the coming year. Mark, a school board member, moved the motion; Peads seconded it and the motion carried on a roll call of three 'Aye' votes.
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