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Lewisville ISD adopts $1.1178 tax rate, a 4.01% increase for 2024-25
Summary
The Lewisville ISD Board adopted a $1.1178 per $100 property tax rate — an effective 4.01% increase — after accepting certified values from Denton and Tarrant appraisal districts and acknowledging a 99% estimated collection rate.
Trustee Allison Lassahn moved and Trustee Sheila Taylor seconded that the Board adopt a property tax rate of $1.1178 per $100 of property value for the 2024-25 school year, effectively a 4.01% increase; the motion carried unanimously (7-0).
The Board also accepted the 2024 certified values from the Denton Central Appraisal District and the Tarrant Appraisal District and acknowledged an estimated collection rate of 99 percent for 2024-25. "We have received certified values and an estimated 99 percent collection rate," Trustee Katherine Sells said as the board recorded the acceptance. The adoption was formalized through the Ordinance Fixing and Levying School District Ad Valorem Taxes for the school year 2024-25.
