Liberty Hill ISD shares financial audit results ahead of November tax-rate election
Liberty Hill ISD is seeking to generate $10.7 million in additional revenue by asking voters to approve a $0.07 tax rate increase.
At a Sept. 15 board meeting, district officials presented the results of a financial efficiency audit ahead of LHISD’s voter-approval tax rate election, or VATRE, Nov. 4. The third-party audit found the district received less per-student funding and had a lower maintenance and operations, or M&O, tax rate than its peer districts and the state average.
“Your peers have a higher tax rate, generally, and so with the election you would bring your tax rate closer in line with that and then that would help offset the funding gap that you’re seeing,” said Leo Lopez, chief financial officer for independent financial auditing firm Moak Casey.
LHISD is asking voters to approve a M&O tax rate of $0.7389 per $100 valuation, which is about $0.07 higher than the FY 2024-25 M&O tax rate of $0.6669 per $100 valuation.
https://communityimpact.com/austin/leander-liberty-hill/education/2025/10/01/liberty-hill-isd-shares-financial-audit-results-ahead-of-november-tax-rate-election/