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8/23/11
The charts below show taxable property values by category for tax year 2010, in addition to changes from tax year 2000 to tax year 2010, as reported in the Texas Comptroller of Public Accounts' annual School and Appraisal Districts' Property Value Study. The values reported in the annual Study by the Texas Comptroller of Public Accounts are used by the Texas Education Agency for Foundation School Program (FSP) state aid calculations and distributions of state revenues to school districts. As explained in the Texas Education Agency's publication School Finance 101: Funding of Texas Public Schools (Revised January 2011), increases in local property values were offset by decreases in state aid revenues during each state funding biennium, in most instances, in accordance with Foundation School Program state aid calculation provisions in the Education Code.
The Susan Combs, Texas Comptroller of Public Accounts' publication, Texas Property Tax Assistance Property Classification Guide Reports of Property Value, explains what types of properties are included in the categories of taxable value shown in the charts above.
To access the publication Texas Property Tax Assistance Property Classification Guide Reports of Property Value, click on the link below.
http://window.state.tx.us/taxinfo/taxforms/96-313.pdf
To access the Texas Education Agency's publication School Finance 101: Funding of Texas Public Schools (Revised January 2011) for an explanation of how taxable property values are used by the Texas Education Agency to calculate state revenue distributions to Texas public schools, click on the link below.
http://www.tea.state.tx.us/WorkArea/linkit.aspx?LinkIdentifier=id&ItemID=2147495108&libID=2147495105
To access Texas Comptroller's Property Value Study 2010 Final Findings, click on the link below.
http://window.state.tx.us/taxinfo/proptax/pvs10f/
To access Texas Comptroller's Property Value Study 2000 Final Findings, click on the link below.
http://window.state.tx.us/taxinfo/proptax/pvs01f/96-310.pdf
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