- Lake Travis Independent School District
- District Financial Overview
-
Lake Travis ISD
by Brad Goerke
2021-2022 Financial Overview
District Size
Number of Campuses
Student Enrollment
High School
1
High School
3,667
Middle School
3
Middle School
2,665
Elementary Schools
7
Elementary Schools
5,013
Total
11
Total
11,345
Budgeted Funds
Fund
Budget (millions)
General Operating Fund
144.7
LTISD property taxes that are sent to the State
Food Service Fund
5.8
State Recapture Payment 45.3 million
Debt Service Fund
48.5
Total Budgeted Funds
199.0
Special Revenue Funds
3.4
Capital Projects Funds
31.3
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
2021-22
2020-21
Tax Rate
$1.2301
$1.3239
Average Home Value
$649,536
$557,361
Net Taxable Property Values
Average Tax Bill
$5,603
$5,518
$15,416,395,897
General Homestead Exemptions:
State
$25,000
$25,000
School District
20%
20%