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Lake Worth ISD board approves $1.2552 tax rate in split vote
Summary
The Lake Worth ISD Board approved a 2024 property tax rate of $1.2552 (a 4.79% increase) at the Aug. 28 meeting. The motion passed 4–2 with one abstention; the rate allocates $0.7552 to maintenance and operations and $0.5000 to debt service.
The Lake Worth ISD Board of Trustees voted to set the 2024 property tax rate at $1.2552, an effective 4.79% increase, during the district’s Aug. 28 special meeting. Trustee Sonja Norman moved the tax-rate adoption, Trustee Bret Tooke seconded, and the motion passed with four ayes (Norman, Chris Thomas, Tooke and Armando Velazquez), two nays (Mac Belmontes and Tammy Thomas) and one abstention (Cristina Gallagher).
The approved rate divides into $0.7552 for maintenance and operations and $0.5000 for principal and interest on bonded debt, as recorded in the minutes. The split vote indicates that while a majority supported the rate to fund district operations and debt obligations, two trustees voted against it and one abstained; the minutes do not record the reasons for dissent or abstention.
