Three local school districts could send at least half a million dollars of property tax money back to the state this year. Thanks to a funding mechanism known as recapture, Argyle, Lake Dallas and Pilot Point ISDs are projected to surrender a combined $529,143 of their local tax revenue to the state in an attempt to equalize wealth between school districts. The three schools are among the 217 Texas districts that will send back $2.69 billion in property taxes, according to The Dallas Morning News. To calculate recapture payments, state officials divide property tax values within a district by the average daily attendance of its students.  view article arw

The Magnolia ISD board of trustees unanimously voted May 21 to call a Tax Ratification Election for Aug. 14 to provide additional funding for campus safety, employee salaries and student programs. Early voting begins July 30 for the election with voter registration ending Monday, July 16. In addition to registering to vote for the Aug. 14 election, here are a few things to note about MISD’s election. view article arw

At its June 25 budget meeting the New Braunfels ISD board of trustees amended its proposed bond package that will be decided on by voters in November. The board added almost $11 million in bond projects, which, if passed, will go toward new computers, school buses, and security and safety measures. The total proposed bond amount now sits at $118.3 million. view article arw

If Comptroller Glenn Hegar’s latest revenue estimate is to be believed, Texas budget writers awoke Wednesday morning to a $2.8 billion present.  Thanks to Texans’ ravenous purchasing appetite — and all the sales tax dollars collected on those purchases — the state has seen bigger revenue growth in 2018 than officials predicted last year. view article arw

In a 7-0 vote at Comal ISD’s June 26 meeting, the school board passed a resolution opposing the construction of Vulcan Quarry, a rock-crushing plant that is being planned near a rapidly growing residential area at Hwy. 46 and FM 3009 in New Braunfels. By taking such action, the school district joins forces with the New Braunfels City Council and the Comal County Commissioners Court, which passed similar resolutions earlier this year. Last December, the board failed to pass a resolution opposing the quarry on a 3-3 vote, with one abstention. view article arw

Klein Independent School District is moving forward to restructure its budget in the aftermath of last month’s failed tax ratification election that left them more than $30 million short. “We have to get things going. There’s a high value on our personnel and our people. Our human resources (staff), campuses and departments are looking for any way that we can help keep our people employed and exceed the needs of our students,” said Dan Schaefer, the district’s chief financial officer. view article arw

Jungle Disk LLC is hoping to get fresh eyes on how it does things from its first group of high school interns, part of a program with the San Antonio Independent School District. The program, which started Tuesday, will have 21 SAISD students and recent graduates studying Jungle Disk’s product suites as part of four teams. They will work from 1 to 5 p.m. for 20 hours a week and present their research at the end of the internship at Highlands High School. view article arw

WHITE DEER, TX (KFDA) -  The Texas Seventh Court of Appeals has agreed to put a tax lawsuit involving the White Deer school district temporarily on hold. According to court documents, the district is appealing a ruling that said it violated state law when it took back part of the tax exemptions it offered property owners before voters statewide approved the state adding its own tax exemptions. view article arw

Richards tax election passes

July 1008:40 AM

Richards ISD is pleased to announce the tax ratification election in support of the school passed June 28 with 123 votes "For" and 69 votes "Against.” This increase in tax revenue allows Richards ISD to invest in the retainment of quality teachers and provide a better education environment for the students. view article arw

An effort to bring a large portion of Pflugerville ISD into the Austin Community College district is one step away from going to voters, but some residents have questions remaining about the details of the ACC’s plan. The ACC board of trustees heard from 20 members of the public Monday at a hearing held at Pflugerville High School’s Performing Arts Center that gave the community a chance to voice their opinion about the potential decision. Next, the board is set to vote on Aug. 13 as to whether to call a ballot measure in November. view article arw

The Magnolia ISD board of trustees unanimously voted May 21 to call a Tax Ratification Election for Aug. 14 to provide additional funding for campus safety, employee salaries and student programs. The district seeks to add 10 cents to the maintenance and operations portion of its tax rate by subtracting from the interest and sinking portion of its total tax rate, Assistant Superintendent of Operations Eric Morris said. The I&S rate funds repayment of debts while the M&O rate funds daily operations. view article arw

Property taxes continue to rise, but increasingly for taxpayers in North Texas, those dollars aren’t going to local school districts. According to estimates from the Texas Education Agency for the 2018-19 school year, 25 D-FW school districts are expected to surrender $539 million back to the state through recapture, the mechanism designed to better balance school funding between “property-rich” and “property-poor” districts. view article arw

The U.S. Supreme Court may have freed up states to collect more sales tax on internet shopping, but the ruling probably won't result in a huge windfall for Texas. Still, the new money could help with matters such as Hurricane Harvey recovery and school security, a key Texas budget writer said last week. "This isn't a huge windfall anymore," said House Appropriations Committee Chairman John Zerwas, referring to a 6-year-old settlement that forced online giant Amazon to fork over sales tax on items it directly sells to Texans. "Even if it's a couple hundred million, though, that's still a lot of money," said Zerwas, R-Richmond. "It's definitely worth doing what we need to do to get it." view article arw

Corpus Christi ISD trustees recently adopted a balanced budget, despite a downward trend in enrollment and new expenditures.= The district avoided a deficit thanks in large part to a tax hike that will rake in an extra $13.5 million. “The budget that is proposed today does include a 9-cent tax (increase) to get us to a balanced budget,” comptroller Donna Hohn reported to the board during a June 18 board meeting. view article arw

In response to recent public safety scares, several school districts in the Dallas-Fort Worth area have reevaluated their safety resources on campus, and have approved additional funding toward security improvements. Frisco, McKinney, Plano, Lewisville, Grapevine-Colleyville and Carroll ISDs all have recently allocated additional funds into their fiscal year 2018-19 budgets to enhance campus security. These funds include hiring additional school resource officers, who are police officers trained to work in schools, or SROs. Here is a look at what school districts in the area included in their budgets: view article arw

Ector County ISD board members approved a more than $275-million budget to run the school district next school year. The new budget is $32-million larger than last year, part of which is contingent on voters approving a tax increase. If and only if voters approve a tax increase, that would generate $17-million of the $32-million dollar budget increase. Meaning, the budget is subject to change. view article arw

The Comal ISD Board of Trustees voted unanimously to approve a resolution to file for a contested case hearing regarding a proposed Vulcan Quarry off of FM 3009. A group against the planned quarry, Stop 3009 Vulcan Quarry, said trustees stated the quarry was very much a concern. “This is quite different in the fact that it’s being dropped in the middle—in the heart—of the community,” school board president Cody Muller reportedly stated in the meeting. “Requesting the contested case hearing allows us the opportunity to ask the right questions regarding safety, security, and health impacts that could be a potential effect to our school district and our campuses.” view article arw

The Ector County Independent School District Board of Trustees voted to approve a larger budget and increased tax rate, but the tax rate would have to be approved by voters. The 2018-19 general fund budget adopted is $275,265,282, a $32,416,018 increase over the $242,849,264 2017-18 budget. It would be contingent on a total tax rate of $1.28 per $100 valuation. The tax rate is made up of a maintenance and operations rate and an interest and sinking rate to pay debt. The current rate is a total of $1.15 per $100 valuation, including $1.04 per $100 valuation for maintenance and operations and 11 cents for debt. view article arw

Some Bexar County homeowners may have had sticker shock when property tax estimates arrived this year. Average property value increased by more than 20 percent from last year in four Bexar County ZIP codes, according to data from the Bexar County Appraisal District, with some homeowners seeing their appraised values double. view article arw

The Floresville Independent School District has taken the steps necessary to hold an Aug. 25 tax ratification election (TRE). The election will ask district voters to approve or oppose raising the maintenance and operations (M&O) portion of their property tax by 13 cents per $100 valuation. view article arw

Klein ISD trustees will consider a hiring freeze, kick in less for employee benefits, postpone the opening of its newest elementary school and trim administrators’ salaries as part of an effort to close a $30 million budget gap. In all, district officials on Friday identified nearly $37 million in possible spending cuts, well over the $30.2 million deficit administrators have projected for the upcoming budget. view article arw

The Crosby ISD property tax rate is decreasing for the 2018-2019 fiscal year, which runs from July 1 to June 30, its first change in five years. The Crosby ISD board unanimously approved the new ad valorem rate, which will go down 2 cents to $1.65 per $100 assessed taxable value. The maintenance and operations fee is $1.17 of and essentially funds the school district’s day-to-day expenses. The M&O rate remains the same from last year. view article arw

Two possible ballot measures could be on the horizon this November for Pflugerville ISD voters. At a June 21 PfISD board of trustees meeting trustees discussed a possible tax rate reduction for the 2018-19 fiscal year as well as the latest updates from the districts’ Citizens Facility Advisory Committee tasked with prioritizing projects for a 2018 bond proposal. Here are the latest updates from the school district. view article arw

Klein ISD could cut hundreds of teacher and staff jobs to offset a $30 million budget deficit after voters last week rejected a nine-cent property tax hike. view article arw

On Wednesday, Klein ISD Superintendent Bret Champion told district staff and families the district will spend the next two months trimming $30.2 million from the 2018-19 budget in light of the unsuccessful Tax Ratification Election on June 16. KISD had asked voters to approve a 9 cent tax rate increase to bolster its reserves, support existing programs and provide additional security features. About 55 percent of voters opposed the measure, sending the board back to discussions on how to make necessary cuts. view article arw

Klein ISD voters came out against the Tax Ratification Election on Saturday that would have raised the district tax rate by 9 cents to $1.52 per $100 valuation. A total of 4,136, or 45 percent of voters, voted in favor of the measure, and 5,063 or 55 percent of voters, opposed it. A total of 9,119 voters, or 6.1 percent of those registered in the district, participated in the election. All votes are unofficial until canvassed. view article arw

As school districts work to finalize their budgets ahead of the 2018-2019 fiscal year, Klein ISD officials now must figure out how to cut an additional $22.2 million in spending after voters on Saturday rejected a plan to raise property taxes.Klein ISD had proposed raising it's maintenance and operations tax rate from $1.04 per $100 assessed value to $1.13. For a home valued at $200,000 with a $25,000 state homestead exemption, the tax increase would have amounted to about $13.13 more each month. view article arw

SAN ANTONIO – Are you upset about your property tax bill? The chief of appraiser of Bexar County says, so is he.  Mike Amezquita is now speaking out about why your property taxes keep going up.  He says about 16% of your tax bill goes to the city and county, while the state takes about 55% to pay for public schools. view article arw

FORNEY, Texas — With action taken by the Forney Independent School District Board of Trustees earlier this week, the City of Forney joins the rank of Triple Freeport communities competing for new economic opportunities and commercial businesses. view article arw

While members of the Ector County Independent School District Board of Trustees agree that a tax increase is needed, they declined to take any action during a special meeting Friday in favor of taking more time to engage the community and explain the need for it. The district’s tax rate is a total of $1.15 per $100 valuation, including $1.04 per $100 valuation for maintenance and operations and 11 cents going toward debt. view article arw

The Ector County Independent School District Board of Trustees will meet at 8 a.m. Friday in the first floor board room of the administration building, 802 S. Sam Houston Ave., to consider approval of a higher tax rate. view article arw

A public meeting to discuss the Dripping Springs ISD 2018-19 budget and proposed tax rate will be held at the June 25 Board of Trustees meeting. The budget and tax rate public meeting will be the first item on the agenda, beginning at 6:00 p.m. DSISD Board meetings are held in the Board Room at the Administration Building, 510 W. Mercer St. A complete overview of the proposed budget previously was shared with the Board at a budget workshop in May.  An overview is available on the Dripping Springs ISD website ( The fiscal year begins July 1, 2018.  view article arw

The 2018 Tax Information Survey (TIS) opened for data submission June 1, 2018, and will close at midnight on August 31, 2018. If your district does not submit the survey by the deadline, your district’s state funding could be adversely affected. Please ensure that your district has completed and submitted the TIS using the online FSP System by August 31, 2018. Completing the survey is important because it allows the agency to use the most accurate tax collections data possible when we calculate 2017–2018 near-final Summary of Finances (SOF) estimates in September 2018. Your district will not have another opportunity to submit revised tax collections data for the 2017–2018 school year until the district submits its J1 schedule as part of its annual financial and compliance report. The J1 schedule tax collections will not be incorporated in the 2017–2018 SOF until April 2019. Compressed tax rates for districts that have adopted tax rates more than six pennies over their original compressed tax rate will be automatically adjusted. view article arw

It’s like moving your money from one bank account to one that earns more interest. That’s how Floresville Independent School District Assistant Superintendent for Finance and Operations William “Bill” Atkins described the concept behind a plan to raise the district’s property-tax rate for maintenance and operations while lowering the property-tax rate to pay off its debts. view article arw

The board of trustees for the McAllen school district voted Monday afternoon to move forward with a special tax ratification election Sept. 8. The election received a unanimous vote from a full quorum to put the notion of maintaining a $1.155 tax rate but moving 11.5 pennies to the maintenance and operations side before area voters. view article arw