1. Argyle ISD to see $1M surplus, lower tax rate in finalized FY 2025-26 budget
Argyle ISD officials approved the budget for fiscal year 2025-26 and the district expects a $1 million revenue surplus.
The district’s board of trustees approved the total $67.89 million budget during an Aug. 18 meeting in a 6-0 vote with Trustee Leigh Ann Artho absent. The budget accounts for general operating needs, child nutrition services and paying off district debt and interests.
The district also approved a tax rate of $1.1727 per $100 of assessed value, which is just under four pennies less than last fiscal year, Chief Financial Officer Liz Stewart said.
2. Lewisville ISD officials adopt $573.5M operating budget, tax rate for FY 2025-26
The Lewisville ISD board of trustees approved its budget for fiscal year 2025-26. The budget would include a nearly $2.88 million deficit; however, the district plans to use $2.88 million from its fund balance to break even.
Trustees unanimously approved the budget during an Aug. 25 meeting. The budget accounts for general operating needs, child nutrition services and district debt and interest payoff.
Trustees also approved a tax rate of $1.1178 per $100 valuation. The maintenance and operations tax rate is higher than the previous fiscal year and the interest and sinking tax rate is lower than the previous fiscal year, according to district documents.
3. Argyle ISD receives ‘A’ accountability rating from state
Argyle ISD received an A rating for accountability from the Texas Education Agency for the 2024-25 school year.
The ratings were released alongside data from the 2023-24 school year, which was delayed due to a lawsuit. AISD also received an A accountability rating for the 2023-24 school year.
“Argyle ISD is once again proud to be recognized as an A-rated district, receiving an overall score of 90 out of 100 for the 2023-2024 school year and an overall rating of 92 out of 100 for the 2024-2025 school year,” the district said, in a news release. “This achievement reflects the dedication and hard work of our students, staff, and community. However, we are much more than a STAAR test score.”
4. Lewisville ISD receives ‘B’ accountability rating from state
Lewisville ISD received a B rating for accountability from the Texas Education Agency for the 2024-25 school year.
The ratings were released alongside data from the 2023-24 school year, which was delayed due to a lawsuit. LISD also received a B accountability rating for the 2023-24 school year.
“We do have a belief statement that our students are more than a test score,” Superintendent Lori Rapp said at an Aug. 11 meeting. “One test on one day does not define what our students can do.”
