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.
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:
||State Revenue Sources
||Federal Revenue Sources
||Public Facilities Corporations
- The Texas Education Agency (TEA) Finance and Grants Website provides resources related to state funding and grants administration, financial accountability and compliance, and the Permanent School Fund.
- The TEA School Finance Manuals Website includes links to TEA school finance publications, such as School Finance 101: Texas Public School Funding, the Manual for Districts Subject to Wealth Equalization, 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 Division Website provides information including state funding presentations, school finance reports and data, and the school finance calendar.
- The Region XIII Education Service Center Finance Website provides links to school finance worksheets and related information.
- The Region XII Education Service Center Technology Planning and E-Rate Support System Website provides information about the E-Rate program and related topics.
Taxation and Tax Ratification (Rollback) Elections
For more information on taxation and tax ratification, formerly known as rollback, elections, see district policy and regulations at the following codes:
||Ad Valorem Taxes
- The Texas Comptroller of Public Accounts' Truth-in-Taxation Website provides information about setting district tax rates.
- 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
For more information on other revenue and investments, see district policy and regulations at the following codes:
||Bonds and Bond Elections
||Certificates of Indebtedness
||Recreational Facilities Bonds
||Athletic Stadium Authority
||Loans and Notes
||Revenue Bonds From Proceeds of a Property Sale
||Gifts and Solicitations
||Gate Receipts, Concessions
- First Public, a wholly owned subsidiary of TASB, provides investment and insurance options for school districts and other local governments. First Public administers the Lone Star Investment Pool, a local government investment pool, as well as the TASB Benefits Cooperative, which offers school districts a variety of benefit options for their employees.
- The TEA Depository Contracts for School Districts Website provides an overview of depository contract laws and procedures and related forms.
- For information on booster clubs, fundraising, and charitable raffles, see eSource at Community – Community Relations.