LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 77th Regular Session
April 6, 2001
TO: Honorable Paul Sadler, Chair, House Committee on Public
Education
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB3526 by Hochberg (Relating to the truth-in-taxation
and budget adoption publication requirements for school
districts with a July 1 - June 30 fiscal year.), As
Introduced
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* No fiscal implication to the State is anticipated. *
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The bill amends Section 44.004 of the Education Code, changing the date
when the chief appraiser must certify an estimate of a school district's
taxable value. The date would move up to June 7 from June 15.
A school district with a fiscal year beginning July 1 would be authorized
to use the June 7 estimate in setting its budget and proposed property
tax rate, if the chief appraiser were unable to provide a certified
appraisal roll by July 7.
Local Government Impact
No significant fiscal implication to units of local government is
anticipated.
The bill would affect only the timing of required notices and hearings by
school districts.
Source Agencies: 701 Texas Education Agency, 304 Comptroller of
Public Accounts
LBB Staff: JK, CT, BR