- Lake Travis Independent School District
- District Financial Overview
-
Lake Travis ISD
by Brad Goerke
2019-2020 Financial Overview
District Size
Number of Campuses
Student Enrollment
High School
1
High School
3,384
Middle School
3
Middle School
2,734
Elementary Schools
6
Elementary Schools
4,942
Total
9
Total
11,060
Budgeted Funds
Fund
Budget (millions)
General Operating Fund
130.8
LTISD property taxes that are sent to the State
Food Service Fund
5.8
State Recapture Payment 39.8 million
Debt Service Fund
43.8
Total Official Budgeted Funds
180.4
Special Revenue Funds
4.1
Capital Projects Funds
112.7
Ratings
Bond Rating (underlying credit):
Standard & Poor's
AA+
FIRST- State Financial Rating
Superior Achievement
Fitch
AA+
SMART School Financial Rating
5 Stars District Valuation
2019-20
2018-19
Tax Rate
$1.3375
$1.4075
Average Home Value
$556,297.00
$532,134.00
Net Taxable Property Values
Average Tax Bill
$5,450.45
$5,414.00
$11,317,650,560
General Homestead Exemptions:
State
$25,000
$25,000
School District
20%
20%