Budget for Lubbock County Appraisal District

The budget for the Lubbock County Appraisal District (LCAD) is a key component in ensuring efficient property tax assessments and services for the county. Understanding the LCAD budget helps residents and property owners stay informed about how tax dollars are utilized.

2024 Budget Insights: Key Changes and Trends

Total budget increased by 6.52%, growing from $7.01 million in 2023 to $7.48 million in 2024, an increase of $470,178.
Salaries and wages saw an increase of $155,940, rising from $3.23 million to $3.39 million, supporting workforce expansion.
Professional services expenditures increased by $29,847, reflecting higher costs for legal, auditing, and appraisal-related services.

The 2024 LCAD budget reflects strategic financial adjustments aimed at improving efficiency and service quality. Key changes include:

Capital Expenditures & Investments

In 2024, LCAD allocated funds to various capital expenditures aimed at improving infrastructure and operational efficiency:

$22,500 was allocated for new desktop computers and field devices.
$37,500 was reserved for general building renovations and security enhancements.
$80,400 was invested in new office furniture and fleet improvements.

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Budget for Lubbock County Appraisal District