School boards are required to adopt a budget and tax rate to finance that budget each year. As part of that process, the school board is required to calculate a “voter-approval tax rate” (previously known as the “rollback” rate).

The TTARA Research Foundation has released the sixth edition of the award-winning “An Introduction to School Finance in Texas.” The publication is written to educate readers about the state’s school finance system and includes changes and updates passed by the 88th Texas Legislature and signed into law. A copy of the primer can be downloaded here. Hard…

New version includes updates from the 88th Legislature.

The tax relief package passed by the 88th Legislature and approved by voters on November 7, 2023, delivered a great deal of school district property tax relief as promised. However, most of that property tax relief was realized by homeowners and has set Texas on a course of taxing residential and business property unequally.