Leander ISD board of trustees votes to adopt over $477 million budget and $1.51 property tax rate

Leander ISD's administration building is located in the city of Leander.

Leander ISD's administration building is located in the city of Leander.

Leander ISD’s board of trustees approved a budget with $477,061,067 in expenditures at a meeting Thursday night.

The board also voted to approve a property tax rate of $1.51 per $100 valuation. The new tax rate—lower than last year’s rate of $1.51187 per $100 valuation—results in an estimated annual increase of $237 for the average LISD homeowner, according to district documents.

This budget includes an approximate general operating budget of $345 million, or $8,676 per student, according to district documents. The operating budget includes items such as the costs of instruction, staff development, guidance and counseling services, extracurricular activities and maintenance and operations.

According to district documents, LISD could bring in $330.8 million in revenue in the 2018-19 school year, though the district anticipates $345 million in proposed expenditures. While the district is currently looking at a deficit of $14.1 million, LISD Chief Financial Officer Lucas Janda said the district operates frugally and often ends the school year under budget. He said LISD could see $12 million in savings throughout the school year, so the actual spending deficit for the year could be $2.1 million.

“There is a projected deficit, but we work very, very hard to balance the budget when we have our final audit a year from now,” LISD Superintendent Dan Troxell said. “That’s what we do on a consistent basis.”

The district is expected to see a drop in state and federal aid compared to the 2017-18 school year, according to the budget presentation. State aid per pupil will decrease from $1,915.03 to $1,581.52, or 17.42 percent, while federal revenue per student will fall from $134.39 to $123.25, an 8.29 percent decrease.



MOST RECENT

Wayback Burgers makes cooked-to-order burgers and hand-dipped milkshakes. (Courtesy Wayback Burgers)
6 eateries open or coming to Cedar Park, Leander; Trudy's North Star reopens in Northwest Austin and more Central Texas news

Read the latest business and community news from the Central Texas area, including Tiff's Treats opening in Hutto.

Atiana's Boutique, a formal wear store for proms, dances, weddings and more, relocated July 10 within the 1890 Ranch shopping center from unit H400 to unit P130. (Taylor Girtman/Community Impact Newspaper)
Atiana's Boutique relocates within 1890 Ranch in Cedar Park

The formal wear store sells dresses for proms, dances, weddings and more.

student writing on paper
Texas Legislature allows parents to opt for students to repeat grade levels or courses

Senate Bill 1697 is effective for the 2021-22 school year.

At Blue Gecko, a Texas Taco comes with seasoned ground beef, lettuce, tomato, sour cream, cheese and bacon. (Courtesy Blue Gecko)
New taco spot opens in Four Points; roadwork for Austin's Zilker Eagle continues and more Central Texas news

Read the latest business and community news from the Central Texas area, including news on when Lou Neff Road will open in Central Austin.

Williamson County data shows there are only 2% of intensive care unit beds available for coronavirus hospitalizations. (Community Impact Newspaper staff)
Williamson County drops to 13 available ICU beds as coronavirus cases climb

County data shows there are only 2% of intensive care unit beds available for coronavirus hospitalizations.

The Oaks at Slaughter development will have several new businesses opening by the end of 2021. (Deeda Lovett/Community Impact Newspaper)
Shopping coming to Congress Ave.; Pflugerville preps tract near Living Spaces and more top Central Texas news

Read the top business and community news from the past week from the Central Texas area, including news on four businesses coming to Hutto.

Public schools cannot require students, teachers, parents, and other staff members or visitors to wear masks after June 4, Gov. Greg Abbott declared in an executive order issued May 18. (Courtesy Adobe Stock)
Leander ISD 'highly recommends' masks; tax-free weekend tips and more Austin-area news

Read the latest business and education news from the Central Texas area.

School supplies will be exempt from the 8.25% sales tax Aug. 6-8. (Courtesy Adobe Stock)
What to know before the statewide tax-free weekend Aug. 6-8

Customers will not have to pay the standard 8.25% sales tax on select clothing, footwear, school supplies and backpacks under $100.

Public schools cannot require students, teachers, parents, and other staff members or visitors to wear masks after June 4, Gov. Greg Abbott declared in an executive order issued May 18. (Courtesy Adobe Stock)
Leander ISD 'highly recommends' masks for students, staff

Leander ISD updated its COVID-19 protocols this week to include green, yellow and red transmission levels. The district is at its yellow level as of July 28.

Baylor Scott & White Pflugerville
Ascension, Baylor Scott & White to require all employees be fully vaccinated against coronavirus by fall

Ascension and Baylor Scott & White have announced all eligible employees must be vaccinated against COVID-19 in the coming months. 

wayback burgers
ROUNDUP: 6 eateries now open or coming soon in Cedar Park, Leander

Read a roundup of Cedar Park-Leander dining news from July.

Board & Brush is hosting an end-of-summer luau at its Cedar Park location. (Courtesy Board & Brush Cedar Park)
Rodeo, live music, summer luau: 12 Cedar Park-Leander events this August, September

Visit the rodeo, watch "Jaws" on Lake Travis and listen to live music at these local events this August and early September.