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La Porte ISD board adopts $1.0641 tax rate; finance office reports improved estimated fund balance
Summary
Trustees adopted a 2025 property tax rate of $1.0641 after a finance presentation that reported a $6.9 million favorable swing in estimated year‑end results (estimated fund balance ~$55.7M) and discussed recapture obligations and an initial budget amendment.
La Porte ISD trustees voted to adopt Resolution 2025‑11 setting the 2025 property tax rate at $1.0641 per $100 of assessed valuation, district finance staff said. The board approved the measure by voice vote, 6–0–1.
Stacy McDowell presented the fiscal overview and said the district's estimated ending fund balance for fiscal 2025 is about $55.7 million after a favorable adjustment of approximately $6.9 million from earlier estimates. McDowell…
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