Lytle ISD Finance Department

Lytle ISD Finance Department Texas Public School Finance

08/14/2026

💛🏴‍☠️ FUN FACT FRIDAY: What is I&S? 🏴‍☠️💛

When you hear about a school district’s tax rate, there are actually two sides to it: M&O and I&S. Today, let’s talk about I&S — Interest & Sinking.

💰 I&S funds are used to pay the district’s voter-approved debt, primarily from bonds. Think of it like the district’s mortgage payment.

Bond funds may be used for major projects such as:
🏫 Building or renovating facilities
🚌 Purchasing buses
🔧 Major repairs and improvements
💡 Other voter-approved capital projects

Here’s the important part: I&S dollars cannot be used for everyday operating expenses like salaries, utilities, classroom supplies, or regular district operations. Those expenses fall on the M&O side of the budget.

So, even though M&O and I&S appear together on your school tax bill, they serve two very different purposes.

🏴‍☠️ M&O keeps the district running. I&S pays the district’s debt.

Understanding where school tax dollars go helps all of us better understand school finance.

08/08/2026

Fun Fact Friday 💛🏴‍☠️
What is the M&O Tax Rate?

When you see a school district tax rate, it’s actually made up of two different pieces. Today, we’re talking about M&O — Maintenance & Operations.

💰 M&O helps fund the day-to-day operations of our schools — things like salaries, utilities, transportation, classroom supplies, and other costs of educating students.

But here’s something you may not know: Texas school districts don’t simply choose their M&O tax rate.

The State of Texas calculates a Maximum Compressed Rate (MCR) for each district. As property values change, the state can “compress,” or lower, the tax rate districts use to generate their local share of school funding.

So, a lower M&O tax rate doesn’t necessarily mean the district decided to collect less money — it can be the result of state-required tax compression.

🏴‍☠️ Bottom line: The M&O rate keeps our schools operating, but much of how that rate is calculated is determined by the state’s school finance system.

08/01/2026

Fun Fact Friday - 💛🖤💛 🖤💛

Did you know? Texas school districts don't simply choose how much to tax.

Each year, the state calculates a district's Maximum Compressed Tax Rate (MCR)—the highest maintenance and operations (M&O) tax rate a district can adopt without voter approval. Many districts, including Lytle ISD, use this state-calculated rate when proposing their tax rate.

Over the next few weeks, we'll share more about how school tax rates are determined and what they mean for our community.

07/24/2026

Fun Fact Friday -Summer is almost over! Even with our two-week summer closure, the finance office has been hard at work before and after the break closing one fiscal year, opening another, preparing budgets, processing purchase orders, and getting everything ready for a great new school year. We can’t wait to welcome everyone back!

07/15/2026

All new and returning students must be registered and cleared by August 4th to attend Meet the Teacher and by August 10th to attend the first day of school!

07/11/2026

Fun Fact Friday - The budget adopted in June is based on estimated property values. Each July, the county appraisal district certifies the official taxable value of property within the school district. Those certified values help determine how much local property tax revenue the district can expect to receive. If the official values differ from the estimates, the district may make budget adjustments to reflect the most accurate information before the school year begins.

School finance is a year-round process, and this is one of the final pieces of the budget puzzle! 🏴‍☠️

07/04/2026

Fun Fact Friday - Summer may be a break for students, but it’s one of the busiest times of the year for our district. From preparing campuses and classrooms to hiring staff, training employees, and completing maintenance projects, our team is hard at work getting everything ready for another successful school year. Every summer is an investment in our students’ future. ☀️🏴‍☠️

06/26/2026

Fun Fact Friday - On Monday morning, the Lytle ISD Board of Trustees adopted the 2026-2027 district budget.

Creating a school district budget is a months-long process that includes reviewing projected enrollment and attendance, state funding, staffing, salaries and benefits, campus needs, transportation, maintenance, instructional resources, and other operational costs. The Board also plans for future needs while ensuring the district remains financially responsible.

Thank you to our Board of Trustees and district leadership for their thoughtful planning and commitment to making decisions that support our students, staff, and community.

06/19/2026

Fun Fact Friday - Sometimes school districts have to adopt a deficit budget, and that isn't always a bad thing. Just like any household, there are times when you plan for larger expenses that don't happen every year.

For example, after the recent storm damage to the baseball field lighting, those repairs became a necessary one-time expense. Districts also have to plan for facility improvements, equipment replacements, and upgrades that help keep our campuses safe and provide quality experiences for students.

The important difference is that these are one-time costs, not ongoing expenses like payroll. Because districts maintain fund balances and savings, we are able to address these needs without creating long-term financial problems.

As attendance (ADA) improves and tax collections continue to come in, those additional revenues help strengthen the district's financial position. That allows us to continue investing in our campuses and supporting the programs our students enjoy, including athletics, band, UIL activities, and other extracurricular opportunities.

Good financial planning isn't just about today—it's about making responsible decisions that allow us to meet current needs while continuing to provide opportunities for students in the future.

06/12/2026

Fun Fact Friday! 🎉

Did you know that through the Teacher Incentive Allotment (TIA) program, outstanding teachers can earn additional compensation while staying in the classroom? 🍎✨

Even better, because Lytle ISD is a rural district, the state provides a higher level of TIA funding, allowing more dollars to go directly back to supporting and rewarding our amazing educators.

TIA helps districts attract and retain great teachers, recognize excellence, and invest in the people who make a difference for our students every day. 🏴‍☠️🏴‍☠️🏴‍☠️🏴‍☠️

Address

15437 Cottage
Lytle, TX
78052

Opening Hours

Monday 8am - 4pm
Tuesday 8am - 4pm
Wednesday 8am - 4pm
Thursday 8am - 4pm
Friday 9am - 4pm

Telephone

+18307095100

Website

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