Texas Administrative Code
Title 19 - EDUCATION
Part 2 - TEXAS EDUCATION AGENCY
Chapter 61 - SCHOOL DISTRICTS
Subchapter AA - COMMISSIONER'S RULES ON SCHOOL FINANCE
Section 61.1007 - Rules for the Definition of Tax Levy and Tax Collection
Universal Citation: 19 TX Admin Code ยง 61.1007
Current through Reg. 49, No. 38; September 20, 2024
(a) General provisions. For the purpose of determining state aid and excess local revenue under the Texas Education Code (TEC), Chapter 46 and Chapter 48, calculations that include tax collections as a data element shall reference subsection (b) of this section.
(b) Definitions. The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise.
(1) Total
levy. The sum of the maintenance and operation and debt service levies
generated by applying a school district's adopted tax rates to its locally
assessed valuation of property for the current tax year.
(2) Tax collection.
(A) For school districts with a fiscal year
that begins on July 1, total taxes collected between July 1 and June 30 for the
current and all prior years' levies.
(B) For school districts with a fiscal year
that begins on September 1, total taxes collected between September 1 and
August 31 for the current and all prior years' levies.
(C) For a school district that has been
awarded a property value adjustment for a major taxpayer protest pursuant to
TEC, §
48.267,
the district may petition the commissioner of education to attribute taxes that
had been withheld due to the protest of valuation to the year in which the
taxes were originally levied.
(3) Types of tax collections.
(A) Maintenance and operations taxes are
those taxes collected during the fiscal year that are associated with the levy
of local maintenance and operations tax rates, including current and delinquent
taxes and any delinquent taxes related to former county education districts,
but not including penalties and interest that accrue on delinquent maintenance
and operations tax levies or the tax credits authorized by the Texas Tax Code,
Chapter 313.
(B) Interest and
sinking fund taxes are those associated with the levy of local interest and
sinking fund taxes, not including penalties and interest that accrue on
delinquent interest and sinking funds tax levies.
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