Impact aid program, title VII, section 7002

The Department of Education Office of Elementary and Secondary Education awarded Lake Dallas Independent School District $447,466 under the Impact Aid Program, Title VII, Section 7002 on October 1, 2025. The assistance type is a Project Grant.

Lake Dallas ISD, a public K-12 school district located in Lake Dallas, Texas, receives this funding to offset revenue lost due to Federal acquisition of real property within the district's tax base. The Impact Aid program provides financial assistance to local educational agencies where the presence of federally-owned land exempt from property taxation reduces the district's primary source of education funding. Section 7002 specifically targets districts where an aggregate of 10 percent or more of assessed valuation of all real property has been acquired by the Federal Government since 1938 and the district is not being substantially compensated by revenue from activities on the eligible Federal property.

The award period runs from October 1, 2025 through September 30, 2031. Performance occurs in Lake Dallas, Texas. The obligated amount is $447,466. Lake Dallas ISD maintains two active prime Impact Aid Program grants totaling $828,348 through 2031 designed to support core educational operations and program enhancements.