Texas HB2108 amends the components of a school district's enrichment tax rate and the calculation of the guaranteed yield under the Foundation School.

Texas HB2108 modifies the components of a school district's enrichment tax rate and the calculation of the guaranteed yield under the Foundation School Program. The bill specifies that a district's enrichment tax rate includes additional maintenance and operations tax effort, up to a certain limit, and additional tax effort beyond that limit. It also revises the calculation of the guaranteed level of state and local funds per weighted student per cent of tax effort for school districts. These changes will take effect on September 1, 2025.

Texas HB2108 amends the components of a school district's enrichment tax rate and the calculation of the guaranteed yield under the Foundation School.

Texas HB2108 modifies the components of a school district's enrichment tax rate and the calculation of the guaranteed yield under the Foundation School Program. The bill specifies that a district's enrichment tax rate includes additional maintenance and operations tax effort, up to a certain limit, and additional tax effort beyond that limit. It also revises the calculation of the guaranteed level of state and local funds per weighted student per cent of tax effort for school districts. These changes will take effect on September 1, 2025.