Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget And Tax Rate topic
No spam. Unsubscribe anytime.
Lovelady ISD board adopts 2025–26 budget, sets 2025 tax rate at $0.8259 per $100 valuation
Summary
The Lovelady ISD Board unanimously approved the 2025–26 budget and set the 2025 tax rate at $0.6669 for Maintenance & Operations and $0.159 for Interest & Sinking. The board also approved the tax roll as certified by the Houston County Appraisal District; all recorded votes were 7-0-0.
The Lovelady ISD Board of Trustees approved the district's 2025'26 budget and set the 2025 tax rate during its Aug. 18 regular meeting.
Motion by Joel Shoemaker, seconded by Rusty Baker, to approve the budget for the 2025-2026 school year as presented. Vote 7-0-0. Motion by Beverly Moore, second by Keith Driskell, to approve the 2025 Tax Rate of $0.6669 for M & o and $0.159 for I & S. Vote: 7-0-0.
The motions recorded in the minutes show the board adopted a combined tax rate of $0.8259 per $100 of taxable value (M&O $0.6669; I&S $0.159). The board also approved the tax roll as certified by the Houston County Appraisal District on a separate motion by Joel Shoemaker, with the vote recorded as 7-0-0.
Board President Bruce Monk opened the public hearing on the proposed tax rate and budget earlier in the meeting; the record indicates the hearing was informational and adjourned at 7:04 p.m. No public comments were recorded during the public forum.
The budget and tax-rate approvals take effect for the 2025 tax year and the 2025-2026 school year as adopted by the board. The minutes do not specify projected revenue totals, millage alternatives considered, or estimated taxpayer impact beyond the adopted rates.
