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Lake Travis ISD board approves Amendment No. 2 to FY25‑26 budget; administrators say net effect is neutral
Summary
Trustees adopted a net-zero budget amendment after administration reported a $500,000 gain in prior-year tax collection estimates offset by decreases to interest earnings and state funding; staff said total revenue and ending balance are not expected to change at this time.
The Lake Travis ISD board adopted Amendment No. 2 to the 2025–26 operating budget at its Feb. 25 meeting after a staff presentation on revenue adjustments and reimbursements.
Pam Sanchez highlighted changes proposed in the amendment: a $500,000 upward adjustment to prior-year tax collections due to fewer refunds and protest settlements than expected; a $300,000 reduction to interest-earning…
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