LUBBOCK, Texas -
The Lubbock Independent School District is considering shifting some tax money around to generate more than $5 million in revenue without increasing the tax rate.
On the board's agenda is a two penny move from debt service tax rate to maintenance and operations tax rate.
LISD reports the move could maximize state funding with an approximate 5.6 million in the general fund that would then be geared toward technology in classrooms.
"The question is how do we fund technology in the school districts moving forward? And there's just not enough money in the system to do so," Superintendent Berhl Robertson said. "This is a way to fund technology for students without any interest, any debt, a pay as you go model and leveraging the current tax rate without asking voters to increase it."
Should the board approve the measure Thursday, it will be up to voters to make a decision in August.
