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Preview of the 89th Legislative Session

In addition to the recording, a copy of the presentation is available to download by clicking the red PowerPoint Presentation button. Agenda Dates of Interest State Budget Preview : FY 2026-2027 TTARA’s Legislative Priorities Review of Bills Filed

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TEA Releases Preliminary TY2024 “Maximum Compressed Rates” (MCR); Taxable as Data Processing or Not?; Franchise/Margin Tax Report Extensions

In this issue TEA Releases Preliminary TY2024 “Maximum Compressed Rates” (MCR) Franchise/Margin Tax Report Extensions Taxable as Data Processing or Not? Texas Education Agency Releases Preliminary TY2024 “Maximum Compressed Rates” (MCR) The Texas Education Agency has released preliminary MCR (tier 1) tax rates for TY2024. The statewide MCR tax rate dropped to $0.6855 (from $0.6880),…

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Voter-Approval Tax Rate Elections (VATRE)

Voter-Approval Tax Rate Elections (VATRE) School boards across the state are working to adopt budgets for the upcoming school year and tax rates to finance them. Many school boards are adopting a tax rate that exceeds the district’s “voter-approval tax rate” to provide more revenue for expenses such as employee pay raises, increasing current staffing…

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