With the support of Leander ISD voters in the passing of Proposition A and Proposition B in the Nov. 8 election, the district is now looking at next steps regarding its financial future.
“Through this election, we have heard the will of voters,” Superintendent Bruce Gearing said in a Nov. 9 press release. “As a district, we will continue to work tirelessly to meet students where they are and provide them with the best education.”
The approval of Proposition A, the attendance credit election, or ACE, will prompt the start of LISD’s mandatory recapture payments back to the state with the purchase of attendance credits.
Recapture occurs when a school district’s property values have exceeded a certain point, according to the release. As a result of the ACE passing, the district said there will be no impact to current operations.
