Lewisville ISD trustees are asking voters to consider a bond election and a voter-approval tax rate election, or VATRE, for the upcoming Nov. 7 election. If approved, the VATRE and the six other propositions will generate funding for education, maintenance and renovations within the district.
The VATRE was approved to be added to the November ballot during a special-called board meeting Aug. 16. Early voting will start Oct. 23 and end Nov. 3.
Background
During the regular 88th legislative session, the Texas Legislature did not increase the basic allotment—the minimum amount of money a district receives per student, based on attendance—which has been $6,160 since 2019. This means, without additional revenue, LISD could face a shortfall of $48 million. Though district officials have taken other measures to reduce the shortfall, trustees said the VATRE is estimated to generate $37.5 million for the district.










