School districts reduced their maintenance and operations (M&O) property tax rates in fiscal years 2007 and year 2008, as a result of laws enacted by the third-called session of the 79th Legislature (2005). M&O tax rates currently range from $1.04 to $1.17 in a majority of school districts. Leading up to the 79th Legislative Session, in 2005, a majority of school districts had a M&O tax rate of $1.50 per $100 of valuation (a few school districts had slightly higher M&O rates under special statutory provisions). To offset reductions in M&O tax rates the Legislature provides state aid under Additional State Aid for Tax Reduction (ASATR) to certain school districts.
For a visual illustration of ASATR payments to school districts from fiscal year 2007 to 2014 (school years 2006-2007 to 2013-2014), click on the video link below.
Chronology of ASATR
Scale: $0.4 million to over $8 million (school districts shaded grey did not [will not] receive ASATR). Source: Texas Education Agency Summary of Finances
The amounts for fiscal years 2013 and 2014 are estimates or projections according to summary of finance documents posted by TEA, at the time this video was produced.
To viewamount of ASATR for your school, click on the link below.
Select summary of finances in drop down list, select school year, enter district name, click on link to SOF to open report, scroll down and click on link for Other Programs Detail Report.
Your school district received ASATR, if the amount is greater than zero (amounts for school years 2012-2013 and 2013-2014 are estimates until TEA receives complete information for state aid calculations and posts the district's final SOF, which is usually about the month of March following the district's fiscal year end on June 30th or August 31st).
To offset reductions in local tax revenues due to lowered M&O property tax rates, the Legislature provides state aid to certain school districts under Additional State Aid for Tax Reduction that was enacted in House Bill 1, General Appropriations Act, 79th Legislative Session, third-called session. Although the number of school districts receiving ASATR has declined significantly from fiscal year 2007 and school year 2006-2007, over 200 districts will continue to receive ASATR in school years 2013-2014 and 2014-2015, according to TEA estimates.