Local · Trusted · Free
The Morning Impact — your neighborhood's most important stories, delivered every morning.
Lamar CISD's board of trustees approved a balanced budget of $572.2 million for the 2026-27 fiscal year at its June 9 meeting.
A 3% pay increase for all district employees was also approved by trustees within the district's employee compensation plan at the meeting.
What you need to know
At its June 9 meeting, the board voted unanimously on the budget that was presented to them on May 19.
Chief Financial Officer Greg Buchanan said LCISD will go into the new fiscal year with a balanced budget with expenditures and revenue both reaching $572.2 million.
Also of note
On May 19, staff presented to the board two options for the proposed tax rate: $1.1351 per $100 valuation and $1.1451 per $100 valuation, with each one being a decrease from the 2025-26 rate of $1.1469 per $100 valuation.
Superintendent Roosevelt Nivens said the administration is recommending the tax rate be $1.1451 per $100 valuation to allow the district to pay off its debt faster while still reducing it for residents.
Next steps
A public hearing will be held before the board votes on the tax rate at its August meeting.
