Honorable Brad Buckley, Chair, House Committee on Public Education
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB843 by Kolkhorst (Relating to a Texas Education Agency database of school district and open-enrollment charter school bonds, taxes, and bond-related projects.), As Engrossed
Estimated Two-year Net Impact to General Revenue Related Funds for SB843, As Engrossed: a negative impact of ($3,000,000) through the biennium ending August 31, 2027.
The Texas Education Agency is required to implement a provision of the bill only if the legislature appropriates money specifically for that purpose. If the legislature does not appropriate money specifically for that purpose, the Texas Education Agency may, but is not required to, implement a provision of the bill using other appropriations available for that purpose.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
General Revenue-Related Funds, Five- Year Impact:
Fiscal Year
Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2026
($1,500,000)
2027
($1,500,000)
2028
($1,500,000)
2029
($1,500,000)
2030
($1,500,000)
All Funds, Five-Year Impact:
Fiscal Year
Probable Savings/(Cost) from General Revenue Fund 1
2026
($1,500,000)
2027
($1,500,000)
2028
($1,500,000)
2029
($1,500,000)
2030
($1,500,000)
Fiscal Analysis
The bill would require the Texas Education Agency (TEA) to develop and maintain a database that includes current information regarding school district and open-enrollment chart school bonds, taxes, and bond-related projects. TEA could contract with a third party to develop and maintain the database.
Methodology
TEA assumes that it would be more cost-effective to contract with a third party to develop and maintain the database required under the bill. The agency assumes the fiscal impact of the third party contract would be $1.5 million each year.
Local Government Impact
Local Education Agencies would be required to provide information related to bonds, taxes, and tax rate election results, as well as any other information requested by the agency for the purpose of maintaining the database.