LTISD looks to reduce debt

Photo by Valentina G

In the hopes of aggressively paying down its more than $220-million in debt, the Lake Travis school district is considering a plan to take some of that debt out of the payment schedule and moving it into the current year with the goal of saving taxpayers on interest in the long run.

The district’s Johnny Hill says they can do this because of a projected 11-percent rise in property valuations.  The board will vote next month.

(Photo: Shutterstock by Valentina G)

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