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Lancaster ISD reports $35.78 million in January tax collections, says $22.29 million saved since 2021
Summary
Finance staff presented the district's January 2026 financial report, reporting $35,780,855.81 in net tax collections for January and stating the district saved about $22,294,050 for taxpayers since 2021 through debt refunding and payoff.
Lancaster — At its March 26 meeting the Lancaster ISD Board of Trustees received the January 2026 financial report, which showed net tax collections of $35,780,855.81 for January and summarized revenue drivers and expenditures for the district.
Finance presenter Shaw Moseley told trustees, “The net collections paid to the entity is $35,780,855.81.” Moseley reviewed top revenue drivers (taxes and TEA formula funding) and top expenditure areas (instruction followed by plant operations and maintenance). She also presented income-statement views for food service and debt service and described the district’s investment and account structure.
A trustee asked about a line labeled prepayment or savings since 2021. Moseley confirmed that by refunding and paying off debt the district has “saved the taxpayers $22,294,050” since 2021. Trustees applauded that reported prepayment and asked staff to clarify the line for later materials.
Moseley said the first debt-service payment of the year is in February and the second is in August, explaining why January showed no debt payments yet. Trustees asked follow-up questions about the presentation slides and Moseley said a full version of the report is available in the board packet.
Next steps: the board accepted the report for review; staff will provide clarified slide detail on the prepayment/savings figures in subsequent materials.
