Finance, Taxation, and Revenue

School Finance 
Taxation and Voter-Approval Tax Rate Elections 
Bonds, Other Revenue, and Investments

School Finance

TASB Resources

• Texas School Finance System Overview (pdf)

Other Resources

• Texas Education Agency's (TEA) House Bill 3 website provides extensive resources pertaining to HB 3, the comprehensive school finance legislation passed by the 86th Texas Legislature in 2019.
• TEA's Finance and Grants website provides resources related to state funding and grants administration, financial accountability and compliance, and the Permanent School Fund.
• The Region XIII Education Service Center provides a template to help develop annual budgets and estimate state aid payments.

Taxation and Voter-Approval Tax Rate Elections

TASB Resources

• School District Tax Rates and Website Posting Requirements (pdf)
• School District Voter-Approval Tax Rate Elections in 2023 (pdf)
• Sample Resolutions of the Board to Set Tax Rate (docx)
• For information on budget and tax rate adoption, see eSource at Business – Budgeting and Accounting.

Other Resources

• The Texas Comptroller of Public Accounts' Truth-in-Taxation website provides information about setting district tax rates.

Bonds, Other Revenue, and Investments

TASB Resources

• TASB Legal Services' FAQs:
  • Overview of a School District Bond Issuance (pdf)
  • School District Bond Election Process (pdf)
  • Players in a School District Bond Issuance (pdf)
  • Donations To and From Public Schools (pdf)
• 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.
• For information on booster clubs, fundraising, and charitable raffles, see eSource at Community – Community Relations. 

Other Resources

• The Texas Attorney General's Public Finance Division website provides information about bond review and approval.
• The Texas Bond Review Board website provides information about debt issuance, finance, and debt management.