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Liberty Hill ISD projects revenue gains but flags $2M debt‑service shortfall; schedules Aug. 15 budget adoption
Summary
District officials reported a positive property‑value study and are awaiting certified values by July 25; staff warned of a projected $2 million debt‑service deficit and a small TRS contribution increase that adds roughly $87,000 to district costs.
At a July 15 board workshop, Liberty Hill ISD staff told trustees that a property‑value study for fiscal 2023–24 produced positive results and that certified property values from Williamson Central Appraisal District are expected by July 25. Staff said the district is recalculating state funding using an updated state finance template and will present updated revenue estimates after certification.
Mrs. Guerrero, presenting the budget update, said the district must follow a statutory timeline for…
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