When Liz Oaks, chief financial officer for the Lamesa school district, presented early projections for the 2022-2023 budget to school board members Thursday, nothing was guaranteed or set in stone.It’s still a long way before school officials really crunch the numbers for the new fiscal year. But one thing that is for sure is home owners will see their homestead exemptions increasing from $25,000 to $40,000.“The good news for tax payers is although property values are rising, the mandatory Homestead Exemption would rise to $40,000,” Oaks said. “So $40,000 in value is excluded from their tax bill.”That is a result ...