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Leander ISD seeks to amend budget appendix with final tax-rate worksheet; packet shows taxable values and computed rates
Summary
CFO Pete Pape asked the board to amend the 2024–25 budget to update the appendix with the Final 2024 Tax Rate Calculation Worksheet (Form 50-859); the packet lists taxable values in the tens of billions and computed rates around $1.05–$1.10 per $100 of taxable value.
Leander ISD’s administration requested board approval to amend the adopted 2024–25 budget document to replace the preliminary tax-rate calculation worksheet with the Final 2024 Tax Rate Calculation Worksheet, as required by Tex. Tax Code § 26.04(e-5). Pete Pape, the district’s chief financial officer, included the Comptroller’s Form 50-859 worksheets showing detailed inputs used to compute the no-new-revenue and voter-approval tax rates.
The packet contains multiple worksheet pages. Representative figures included in the packet show taxable-value entries in the tens of billions (for example, a worksheet table lists 41,333,563,480) and computed rate figures in the range of approximately 1.05–1.10 dollars per $100 of taxable value. The worksheet sections reference Texas Tax Code and Education Code guidance and include a signature block completed by Larry Gaddes (PCAC, CTA) with a date in July 2024; the agenda materials recommend amending the budget appendix to include the Final 2024 worksheet.
