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Laredo ISD presents 2024–25 budget overview and proposes 1.2197 tax rate
Summary
At a June 20 public hearing, Laredo ISD officials reported rising property values and proposed a 1.2197 tax rate — the highest rate the district can adopt without triggering an election — while stressing the rate may change after final certified values and compression calculations.
Unidentified presenter for Laredo Independent School District outlined key figures from the proposed 2024–25 budget at a public hearing on June 20.
The presenter said total expenditures increased 4.79 percent and that the district’s total appraised value rose from $5.3 billion to $5.9 billion. New property appraisals were reported to increase from about $50.7 million to $58.8 million, and total taxable value rose from $2.8 billion to $3.2 billion. The district’s…
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