Texas HB4847 requires county assessor-collectors to post specific tax-related information on their websites for certain school districts.

Texas HB4847 amends the Tax Code to require county assessor-collectors to post additional information on their websites for school districts with local revenue levels exceeding state entitlement. Specifically, the county assessor-collector must post the percentage of taxes for maintenance and operations that the district is required to pay to purchase average daily attendance credits, the percentage not required to be paid, and a statement explaining the recapture process. This information is intended to clarify how property taxes fund public education and how recapture affects state funding.

Texas HB4847 requires county assessor-collectors to post specific tax-related information on their websites for certain school districts.

Texas HB4847 amends the Tax Code to require county assessor-collectors to post additional information on their websites for school districts with local revenue levels exceeding state entitlement. Specifically, the county assessor-collector must post the percentage of taxes for maintenance and operations that the district is required to pay to purchase average daily attendance credits, the percentage not required to be paid, and a statement explaining the recapture process. This information is intended to clarify how property taxes fund public education and how recapture affects state funding.