Texas HB2051 limits school property tax revenue subject to recapture under the public school finance system.

HB2051 amends the Education Code to limit the amount of school property tax revenue subject to recapture under the public school finance system. Specifically, it allows a school district to retain maintenance and operations tax revenue sufficient to cover its average maintenance and operations costs per student in average daily attendance, adjusted for inflation. The commissioner determines these costs based on the district's expenditures per student over the preceding three school years. The commissioner's determination is final and not subject to appeal.

Texas HB2051 limits school property tax revenue subject to recapture under the public school finance system.

HB2051 amends the Education Code to limit the amount of school property tax revenue subject to recapture under the public school finance system. Specifically, it allows a school district to retain maintenance and operations tax revenue sufficient to cover its average maintenance and operations costs per student in average daily attendance, adjusted for inflation. The commissioner determines these costs based on the district's expenditures per student over the preceding three school years. The commissioner's determination is final and not subject to appeal.