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
Read MoreShould We Eliminate Local Property Taxes?
Careful considerations must be applied before embarking on any effort to replace local property taxes with another tax.
Read MoreTEA 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),…
Read MoreSchool Districts’ Assigned Tax Year 2024 MCR with TY 2023 Enrichment and I&S Tax Rates
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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