Lancaster ISD staff recommend budget amendment to record estimated $1.38 million recapture payment
March 05, 2026 | LANCASTER ISD, School Districts, Texas
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Shaw Moseley presented a proposed functional and revenue budget amendment to reflect the district’s required recapture payment to the state, explaining that recapture occurs when a property‑rich district must return excess local tax revenue for statewide redistribution.
Moseley said the district’s estimated recapture liability for the year is $1,379,800 and that the state takes the revenue while the district must show a corresponding expenditure and revenue entry on the books; she described the net effect as not changing the bottom‑line budget but requiring the accounting entries.
No final board vote on the amendment was recorded during the work session; Moseley answered board questions and staff will carry forward the amendment for formal action as appropriate.
Moseley said the district’s estimated recapture liability for the year is $1,379,800 and that the state takes the revenue while the district must show a corresponding expenditure and revenue entry on the books; she described the net effect as not changing the bottom‑line budget but requiring the accounting entries.
No final board vote on the amendment was recorded during the work session; Moseley answered board questions and staff will carry forward the amendment for formal action as appropriate.
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