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 Texas law requires school districts to calculate two tax rates -- the effective tax rate and the rollback tax rate -- after the district receives the.

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Presentation on theme: " Texas law requires school districts to calculate two tax rates -- the effective tax rate and the rollback tax rate -- after the district receives the."— Presentation transcript:

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2  Texas law requires school districts to calculate two tax rates -- the effective tax rate and the rollback tax rate -- after the district receives the certified appraisal rolls or certified property value estimates from the certified appraiser. Generally, if a school board adopts a tax rate above its rollback tax rate, it must hold an election to ratify that rate. If a majority of the votes cast in the election favor the proposition, the tax rate for the current year is the rate adopted by the board. If the proposition is not approved, then the board may not adopt a tax rate for the current year that exceeds the rollback rate.

3  Factually promote district accomplishments  Factually promote FIRST distinctions, credit ratings  Give background info on state funding (How did we get here)  HB 1 froze school district revenues at the level w/no inflationary factors  09 Legislature provided minimal relief giving districts an extra $120 per student but required mandated raises  11 Legislative session cut education funding  Give factual information on state funding cut impact to your district

4  Communication Plan  Community Budget Forums  Superintendent Coffee and Donuts  Presentations to social organizations – Lions Club, Rotary  Presentations to Booster Clubs, PTO’s, etc  Website Info/Facebook/ s  Prepare articles, press releases, columns, etc.

5  What will your additional pennies raise-State/Local  Share this info! Addtl PenniesState LocalTotal Addtl Revenue.01 = $206,313$139,687$346, =$293,626$279,374$573, = $321,939$419,061$741, = $347,252$558,748$906, = $371,565$698,435$1,070, = $391,878$838,122$1,230,000

6  Inform voters of tax impact on average home values

7 Thinking “Outside the Box” Revenue Generation Measures School Bus Advertising School Bus Chartering (Non-profits only) Trademarking of Mascot Extra-Curricular activity fees Tuition Based Pre-K Program (save positions) Online School Store Land for Sale Buildings for Lease VHES building leased to Temple College/TSTC NEW REVENUES: $217,000

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11 Educating More with Less Educating with $$: Enrollment: 4,350 $ spent per student: $6, Budget: $30,442, Enrollment: 5,653 $ spent per student: $6, Budget: $36,898, Budget using $ spent per student: $39,559,694 1,303 additional students with $2,661,573 fewer dollars since Does not include inflation adjustments.

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13  Discuss importance of Fund Balance and why needed  Credit Rating, cover unexpected costs, financial stability, etc

14  Explain the two school district tax rates:  M&O – Salaries, utilities, supplies, equipment etc  I&S – Capital improvements, Land, Buses, Schools

15  Discuss what happens if TRE fails  Only give factual information  EXAMPLES – Larger class sizes, impacts future raises, reduce art/music at elementary level, implement extracurricular fees, implement bus transportation fee, no travel for band/cheer to away games, eliminate instructional fieldtrips, etc.  You are not alone: 1.17 = 253 Districts = 52 Districts 1.04 = 625 Districts  Hutto’s experience

16  EARLY TAX RATE ADOPTION (Not in Nov)  Appraisal Districts are required to prepare and certify an ESTIMATE of taxable property by April 30 th  Upon receipt of estimated values, school district may adopt a tax rate BEFORE the budget & receipt of certified appraisal roll (July 25 th )  If Districts use this method, effective and rollback tax rate calculations shall be based on the certified ESTIMATE of taxable property values.  District must publish NOTICE and hold a public meeting to discus proposed tax rate. Following adoption of tax rate, district must publish a 2 nd Notice and hold another public meeting before the district may adopt a budget.

17  Districts authorized to order a TRE with as few as 30 days notice, after adoption of tax rate. Notice of TRE must be provided to county clerk of each county no later than the 30 th day before the rollback election day. All other election requirements and deadlines the same as traditional TRE.  TIMEFRAME  April 30 th – Deadline for district to receive certified estimate of tax rolls from CAD  Publication of notice to discuss proposed tax rate: Not EARLIER than 30 days or LATER than 10 days prior to rate adoption  Rollback Election: days after date of adoption

18  For Election held in Nov (uniform election date), election must be ordered at least 62 days prior to election day.  July 25 th – Deadline for Chief Appraiser to certify appraisal rolls to school districts  Publication: Publish Notice not earlier than 30 days or later than 10 days prior to rate adoption.  Can ADOPT a tax rate as early as August 4 th if publish by July 26th  Rollback Election: days after date of adoption.  Adopting a tax rate after Aug 7 will put Nov 6 in the day window, requiring a district to hold its TRE on Nov 6, 2012  If a district adopts a tax rate using certified rolls, a TRE must be ordered at least 62 days before it is held.  CONSULT AN ATTORNEY REGARDING TIMELINES

19  Campaign for your TRE – FACTS ONLY!!  Assume there is no opposition  Voter Apathy  Tea Party Movement – (Government spending, no new taxes)  Outside Groups  Assume your TRE will pass  Be afraid to get all factual information to voters – “What happens if TRE Fails”  PAC – Needed or Not

20  Uniform Election Date – Nov (Big Gamble)  Let community forget information – Spring – Election day. COMMUNICATION TIMELINE IMPORTANT  Ignore rumors and perceptions  Forget local legislators

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