Liberty Hill ISD will ask voters to approve a $0.07 increase to the district’s tax rate in a Nov. 4 election
At an Aug, 18 meeting , the LHISD board of trustees voted to call a voter-approval tax rate election, or VATRE, after adopting an $105.9 million balanced operating budget for fiscal year 2025-26. The district is seeking to generate $10.9 million in additional revenue through the VATRE after making $8 million in budget cuts over two fiscal years and realizing a $2 million deficit in FY 2024-25.
“The district has faced many budget challenges due to growth and inflation,” Chief Financial Officer Rosanna Guerrero said. “[The VATRE is] a reinvestment in the $10 million dollars that have been cut from the district over the past two years.”
The overview
The district is asking voters