10/15/2026
There are two components of the school district tax rate: Maintenance & Operations (M&O) and Interest & Sinking (I&S). Both are separate funds and serve two distinctly different purposes in the district's funding.
The M&O tax rate funds the day-to-day operations of the district, including employee compensation (85% of LCISD's M&O budget), student programs and services, instructional supplies, safety and security, utilities, transportation, and other operating expenses.
The I&S tax rate is used specifically to pay off voter-approved bonds, which fund construction projects like new campuses, building improvements and additions or renovations to campuses, and other district capital projects and infrastructure upgrades that are not considered day-to-day expenses. The revenue from the I&S tax rate cannot be used to fund district operations, including salaries, student programs, or classroom supplies.
The M&O tax rate and the I&S tax rate are combined to create the district's overall tax rate.
Learn more about school funding and LCISD's proposed VATRE at https://www.lcisd.net/o/lcisd/page/vatre.