BY ADAM DOE
Some background
Looking ahead
Mill Street students will be reassigned to one of four campuses based on location and bilingual status. Nonbilingual students will be reassigned to Valley Ridge STEM Academy, and bilingual students will transfer to Lakeland, Lewisville or Prairie Trail elementary, based on zoning and availability, per the turnaround plan. Valley Ridge Elementary School could receive as many as 160 students, while the other three campuses could absorb up to 100 students, LISD Communications Director Samantha Fitzpatrick said. Fitzpatrick added the program relocations will require renovations at the new campuses. District officials are working with an architect to determine the work’s scope. Officials plan to relocate the programs by the 2026-27 school year.
Revenue sources and funding for Lewisville ISD
*Includes property taxes
Federal
State
Local*
$6.8M
$117.9M
$316.6M
2015-16
$7.1M
$97.1M
$466.3M
2025-26
SOURCE: LEWISVILLE ISD/COMMUNITY IMPACT
and 2025-26. Local funding sources contributed about $150 million more in FY 2025-26 than in 2015-16. Home values have increased since 2015, resulting in more local funding, but the stagnant student allotment has not kept pace with inflation, Chief Financial Officer Scott Wrehe said. “The state funding formula has not been adjusted enough to help the district account for the significant inflationary costs we have faced since 2019,” Wrehe said.
Enrollment dropped by about 7,000 students in 10 years, declining from 53,396 in FY 2015-16 to 46,371 in FY 2025-26. Texas school districts receive funding from the state based on average daily attendance. Previous Community Impact reporting shows trustees voted to close several elementary schools in December 2024 to combat the budget challenges caused by the state funding loss, inflation, stagnant per-student allotment and declining enrollment. The state’s contribution to the district’s budget dropped by roughly $20 million between FY 2015-16
Boost Your Cashflow BUSINESS BANKING BONUS $ 50,000 IN BONUS CASH* GET UP TO Offer ends 03/31/2026
Boost your business today! SkyOne.org/BizBonus
SkyOne.org | 800.421.7111 Federally Insured by NCUA.
*The maximum bonus of $50,000 reflects a one-time 1.00% bonus on an average daily balance of $5 million dollars that is deposited within the first 30 days and maintained as the average daily balance for the full 90-day qualification period. Actual bonus amount is 1.00% of the qualifying average daily balance you maintain during the 90 days. Minimum qualifying balance to receive a bonus is $100,000. Visit skyone.org/bizbonus for full disclosure.
15
FLOWER MOUND - HIGHLAND VILLAGE - ARGYLE EDITION
Powered by FlippingBook