Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Get email alerts on the Tax Rate topic

No spam. Unsubscribe anytime.

Levelland ISD board adopts tax levy ordinance, keeps rate unchanged from 2023–24

Levelland ISD Board of Trustees · August 28, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Following a public hearing, the board adopted an ordinance levying the 2024 tax rate at $0.9742 per $100 of taxable value (split $0.7142 M&O and $0.2600 debt service); the motion passed unanimously.

During a public hearing required under Texas Education Code Section 44.004, Chief Financial Officer Teresa Montemayor presented the recommended tax rate for the 2024 tax year and explained the district's rationale. Montemayor said the proposed rate would be $0.7142 per $100 for maintenance and operations and $0.2600 per $100 for debt service, "for a total of $.9742 per $100 value, which is the same rate as 2023-2024."

After the hearing, Secretary Treva Potter moved to approve an ordinance levying the recommended tax rate; Vice President Joyce Johnson seconded and the motion passed unopposed. The board cited budgetary needs, outstanding debt obligations and future state aid implications as reasons for maintaining the maximum local tax effort.