School Finance and Revenue

Texas law authorizes public school districts to levy annual ad valorem taxes, enter certain forms of indebtedness, and invest public funds. The following are resources related to public school finance and revenue sources, including taxation, bonds, loans, grants, and investments.

School Finance
Taxation and Tax Ratification (Rollback) Elections
Other Revenue and Investments

 

School Finance   

Related Policies

Your local school board policy manual contains TASB's (LEGAL) reference policies and board-adopted (LOCAL) policies.  Your district may also have relevant administrative regulations.  For more information on school finance, see district policy and regulations at the following codes:

 

CBA State Revenue Sources
CBB Federal Revenue Sources
CDH Public Facilities Corporations

 

TASB Resources

Other Resources

  • The Texas Education Agency (TEA) School Funding Website provides a number of resources on state funding, including the foundation school program, forecasting and fiscal analysis, bonds, facilities funding, and Chapter 41 wealth equalization.
  • The TEA School Finance Manuals Website includes links to TEA school finance publications, such as School Finance 101: Funding of Texas Public Schools Manual, the Manual for Districts Subject to Wealth Equalization, the Student Attendance Accounting Handbook, and the School Transportation Allotment Handbook.
  • The nonpartisan research organization Texas Taxpayers and Research Association (TTARA) offers an online Introduction to School Finance.
  • The TEA State Funding Calendar provides information about the required finance reporting deadlines and funding distribution dates
  • The Region XIII Education Service Center Statewide School Finance Website provides links to school finance worksheets and related information.
  • The TEA Texas Permanent School Fund Website provides information about the fund investment policy, annual reports, and related information.
  • The TEA Technology Planning and E-Rate Support System Website provides information about the E-Rate program and related information.
  • The TEA American Recovery and Reinvestment Act (ARRA) Website provides information about ARRA funding in Texas and associated reporting requirements as well as other ARRA information.

 

Taxation and Tax Ratification (Rollback) Elections   

Related Policies

For more information on taxation and tax ratification, formerly known as rollback, elections, see district policy and regulations at the following codes:

 

CCG Ad Valorem Taxes and Tax Ratification Elections
CCH Appraisal District

 

TASB Resources

Other Resources

  • The Texas Comptroller of Public Accounts' Truth-in-Taxation Guide provides information about setting district tax rates.
  • The Comptroller's Property Tax Assistance Website provides an overview of local property tax information for districts and their communities.
  • The Comptroller's Appraisal Review Board Website provides an overview of appraisal review board procedures and member training. 
  • The Texas Education Agency (TEA) School Finance District Performance Summary Reports Website includes a searchable database of district performance reports prepared annually beginning with the 2005-06 school year.

 

Other Revenue and Investments   

Related Policies

For more information on other revenue and investments, see district policy and regulations at the following codes:

 

CCA Bonds and Bond Elections
CCB Time Warrants
CCC Certificates of Indebtedness
CCD Recreational Facilities Bonds
CCE Athletic Stadium Authority
CCF Loans and Notes
CDA Investments
CDBA Revenue Bonds From Proceeds of a Property Sale
CDC Grants From Private Sources
CDG Gate Receipts, Concessions

 

TASB Resources

  • First Public, a registered broker-dealer affiliated with TASB, offers information about finance options, including tax anticipation notes and qualified zone academy bonds. First Public also offers information on investment options, including the Lone Star Investment Pool and bond proceeds management.
  • For information on depositories, see eSource at Governance–Board Roles and Responsibilities.
  • For information on booster clubs, fundraising, and charitable raffles, see eSource at Community – Community Relations

Other Resources