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
Overview of state and local taxes levied in Texas.
Ad Valorem Tax
Ad valorem taxes are a crucial source of funding for local government services.
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
Local mechanism 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
Overview The Office of the Texas Comptroller of Public Accounts is a state agency responsible for collecting taxes…
Appraisal Districts
Critical mechanism in Texas' property tax system.
Education Finance in Texas
Overview of Texas' school finance system, including state, local and federal sources of revenue.
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
Agency guides key spending decisions and provides fiscal ove
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 Process in Texas
Understanding the state's two-year budget cycle