Bond Elections in Texas
Purpose of Bond Elections A bond election in Texas allows voters to decide whether a local government may…
Tax Rates in Texas
The State of Texas imposes more than 30 different taxes, most of which are consumption taxes on the…
Ad Valorem Tax
The ad valorem tax in Texas, also called property tax, is a type of locally assessed tax where the tax bill depends on the value of the property being taxed.
Tax Assessor-Collectors
Tax assessor-collectors in Texas are local officials responsible for calculating property tax bills and collecting various taxes and…
Appraisal Review Boards
Appraisal Review Boards in Texas are citizen boards responsible for settling disputes between property owners and Appraisal Districts.
Biennium
A biennium is a two-year period. In Texas, the term may refer to the two-year budget cycle, or to the…
Comptroller of Public Accounts
The Office of the Texas Comptroller of Public Accounts is a government agency responsible for collecting taxes and…
Appraisal Districts
Overview Appraisal districts in Texas are responsible for estimating the monetary value of all real estate in a…
School Funding in Texas
Public school funding in Texas comes from a mix of local, state, and federal sources. The state constitution…
Sales Tax in Texas
Texas imposes a 6.25% sales tax on goods sold. Local taxing jurisdictions (cities, counties, special purpose districts and…
Tax Rate Elections in Texas
A tax rate election, also called a rollback election or tax ratification election, is a vote by the…
Legislative Budget Board
The Legislative Budget Board (LBB) is a legislative agency in Texas that plays a key role in the…
Income Tax in Texas
Texas collects no income tax and the state government is constitutionally prohibited from doing so. The state instead…
Economic Stabilization Fund
The Economic Stabilization Fund, also called the ‘rainy day fund,’ was created to stabilize the Texas state budget…
Texas Bond Review Board
The Texas Bond Review Board is a mechanism of state government that oversees debt financing of state and…
Appropriations Act
An appropriations act is a law that authorizes the expenditure of government funds, setting money aside for specific expenses. In…