Property Tax

Alert - March 12 Meeting on Tax Relief for Pollution Control Property
Important Information from TASBO! The Tax Relief for Pollution Control Property Advisory Committee is meeting Friday, March 12, 2010, at 10:00 a.m. at the following location: The advisory committee is charged with providing input on property tax exemptions for pollution control property, in accordance with provisions in House Bills 3206 and 3544, 81st Legislature. School districts are advised to assess how the provisions may potentially impact various areas of financial management, including Property tax refunds for current and prior fiscal years; Changes in state aid calculations; Effective tax rate calculations; and Capacity to meet principal and interest obligations on bonded indebtedness. The advisory committee is charged with providing input on property tax exemptions for pollution control property, in accordance with provisions in House Bills 3206 and 3544, 81st Legislature. School districts are advised to assess how the provisions may potentially impact various areas of financial management, including Property tax refunds for current and prior fiscal years; Changes in state aid calculations; Effective tax rate calculations; and Capacity to meet principal and interest obligations on bonded indebtedness. [ View Article ] Mar 10, 2010, 08:37

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