District Financial Overview
Lake Travis ISD
by Brad Goerke
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2023-2024 Financial Overview
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District Size |
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Number of Campuses |
Student Enrollment |
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High School |
1 |
High School |
3,701 |
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Middle School |
3 |
Middle School |
2,608 |
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Elementary Schools |
7 |
Elementary Schools |
5,090 |
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Total |
11 |
Total |
11,399 |
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Budgeted Funds |
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Fund |
Budget (millions) |
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General Operating Fund |
182.7 |
LTISD property taxes that are sent to the State |
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Food Service Fund |
6.0 |
State Recapture Payment 45.3 million |
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Debt Service Fund |
58.6 |
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Total Budgeted Funds |
247.3 |
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Special Revenue Funds |
3.8 |
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Capital Projects Funds |
338.5 |
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Ratings |
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Bond Rating (underlying credit): |
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Standard & Poor's |
AA+ |
FIRST- State Financial Rating |
Superior Achievement |
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Fitch |
AA+ |
SMART School Financial Rating |
5 Stars | |||
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District Valuation |
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2022-23 |
2021-22 |
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Tax Rate |
$1.2121 |
$1.3239 |
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Average Home Value |
$1,028,482 |
$649,536 |
Net Taxable Property Values |
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Average Tax Bill |
$6,164 |
$5,603 |
$19,643,576,295 |
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General Homestead Exemptions: |
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State |
$40,000 |
$40,000 |
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School District |
20% |
20% |
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