Texas Administrative Code
Title 19 - EDUCATION
Part 2 - TEXAS EDUCATION AGENCY
Chapter 61 - SCHOOL DISTRICTS
Subchapter AA - COMMISSIONER'S RULES ON SCHOOL FINANCE
Section 61.1002 - Maximum Compressed Tax Rate Limitations

Universal Citation: 19 TX Admin Code ยง 61.1002

Current through Reg. 49, No. 38; September 20, 2024

(a) This section, made pursuant to Texas Education Code (TEC), §48.011 and §48.004, addresses calculations in TEC, § 48.2551 and § 48.2552.

(b) For purposes of determining a district's maximum compressed tax rate (MCR) for a given tax year under TEC, §§ 48.2551(b)(1)(B), 48.2551(c), and 48.2552(b), if the calculation of a school district's maximum compressed maintenance and operations (M&O) tax rate for that year would result in an MCR less than 90% of the highest district's maximum compressed M&O tax rate, the district's maximum compressed M&O tax rate is 90% of the highest maximum compressed M&O tax rate for that year.

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