TASB Board Development Services' article The Board’s Role in Financial Responsibility (pdf) provides an overview of the board's fiscal responsibilities.The Texas Education Agency (TEA) Depository Contracts for School Districts website provides an overview of depository contract laws and procedures and related forms.For sample tax rate adoption resolutions and information on school district tax rates, website postings, and voter-approval tax rate elections, see eSource at Business – Finance, Taxation, and Revenue – Taxation and Voter-Approval Tax Rate Elections. Texas City ISD adopted a tax rate that will raise more taxes for maintenance and operations than last years tax rate.Required Newspaper Publication of Notices by School Districts (pdf) Texas public higher education institutions receive a little more than a third of the amount devoted to K-12 education: 20.1 billion in All Funds for the 2018-19 biennium, of which GRR represented about 17.5 billion or 87 percent.School District Budget and Tax Rate Adoption in 2022 (pdf).No decisions have been made regarding further reductions. The following six items summarize the legal requirements from the code: The superintendent is the budget officer for the district and prepares or causes the budget to be prepared. ![]() ![]() Auditing and Accountability Budgeting TASB Resources Trustees See Initial Budget Reductions Hear Options for Increasing Revenue. Our primary purpose of improving lives through a quality education is driven by an unrelenting determination to graduate all of our students and prepare. Sections 44.002 through 44.006 of the Texas Education Code establish the legal basis for budget development in school districts.
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