Texas Education Agency Releases Preliminary TY2023 “Maximum Compressed Rates” (MCR) The Texas Education Agency has released preliminary MCR (tier 1) tax rates for TY2023, incorporating both the normal tax rate compression required by current law and the additional tax rate compression mandated by SB 2, 2nd Called Session, 88th Legislature. The statewide MCR tax rate…

Alphabetical listing of all of the school districts and their TY2023 MCR rates.

Texas Legislature Passes Historic Tax Relief Package This evening the House overwhelmingly gave final approval of the tax relief package that was passed unanimously by the Senate yesterday.. The package includes SB 2 (tax rate compression, homestead exemption increase, three-year 20% “circuit breaker” on appraisal increases, ARB Board additions), SB 3 (franchise tax payment threshold),…