SRC-PNG H.B. 98 76(R)   BILL ANALYSIS


Senate Research Center   H.B. 98
By: Reyna, Arthur (Wentworth)
Education
5/13/1999
Engrossed


DIGEST 

Currently, most school districts begin school in August or July. The timing
of the fiscal year often coincides with the fall opening of the district.
This means that the budget for the year is often adopted after the school
year starts. Modifying the fiscal year calendar will keep the district from
having to contend with both issues simultaneously. H.B. 98 sets the fiscal
year for school districts to begin on July 1 of each year. 

PURPOSE

As proposed, H.B. 98  sets the fiscal year for school districts to begin on
July 1 of each year. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Subchapter A, Chapter 44, Education Code, by adding
Section 44.0011, as follows:  

Sec. 44.0011. FISCAL YEAR. Establishes that the fiscal year of a school
district begins on July 1 of each year. 

SECTION 2. Amends Section 26.01, Tax Code, by adding Subsection (d), to
require the chief appraiser to prepare and certify, by June 15, to the
assessor of each school district participating in the appraisal district an
estimate of the taxable value of school district property.  Requires the
chief appraiser to assist each school district in determining values of
school district property for the district's budgetary purposes.  

SECTION 3. Provides that a school district's fiscal year that begins in
2001 ends July 31, 2002. Requires a school district with a fiscal year that
would have ended on another date in 2002 to take action before July 1,
2002, to conform to Section 44.0011, Education Code, as added by this Act. 

 SECTION 4. Effective date: September 1, 2001.

SECTION 5. Emergency clause.