Lamesa school district board members Thursday approved the 2024-2025 budget and tax rate just days before the start of the new fiscal year.The district officially begins its new fiscal year Sunday. Its budget year ends Aug. 31, 2025.The board set the tax rate at $1.08162 per $100 valuation. The board split that tax rate and designated 77.600-cents per $100 valuation for the Maintenance and Operations fund to pay the district’s operation costs. The rest, amounting to 30.562-cents per $100 valuation, is going toward its Interest and Sinking fund to cover its debt payments.The new tax rate is a reduction from ...