LCM CISD Taxes collected from the M&O Rate are used for the daily operation of the District. Taxes collected from the I&S Rate are used to pay the annual debt payment from past bond referendums approved by voters. The proposed tax rate attached in the following link was posted in the paper at the time of the LCM CISD Budget Meeting. LCM has elected to adopt a lower rate than was posted for the 2022-23 school year. The rate listed in the table below is the tax rate that the LCM Board has proposed for the 23-24 school year. Proposed Tax Rate for 2023-2024 LITTLE CYPRESS-MAURICEVILLE CISD IS PROPOSING AN ADOPTED TAX RATE THAT WILL RAISE MORE TAXES FOR MAINTENANCE AND OPERATIONS THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 22.3% PERCENT AND WILL RAISE TAXES FOR MAINTENANCE AND OPERATIONS ON A $100,000 HOME BY APPROXIMATELY $-300.18.
|
|