Under the current school funding formula in Texas, state aid is awarded to school districts based on local taxable property value. As a school district's property value per student increases, its state aid decreases.
When a school district reaches $364,500 or more in taxable property value per student, it becomes a “Chapter 41 district,” or property wealthy school district, and is subject to recapture of tax dollars under the Robin Hood finance plan. In other words, once a school district is Chapter 41 it must send some of the local property tax revenue it generates to the state for distribution to property poor school districts in Texas.
Comal ISD is a Chapter 41 district. During the 2007-08 school year, the district will send about $5 million of local property taxes to the state for distribution to poor districts.
Tax Rate
2007-2008 $1.31
($1.04 is Maintenance/Operations; $.27 is debt service)
Tax Impact
2007-2008 Average home $213,160
Property Tax on Average Home |
20% Exemption |
($47,190) |
State Exemption |
($15,000) |
Avg. Taxable Value |
$150,970 |
Tax Rate |
$1.31 |
Taxes on Home |
$1,977 |
Tax History |
1989-90 |
$ 1.07 |
1990-91 |
$ 1.20 |
1991-92 |
$ 1.73 |
1992-93 |
$ 1.58 |
1993-94 |
$ 1.58 |
1994-95 |
$ 1.58 |
1995-96 |
$ 1.56 |
1996-97 |
$ 1.64 |
1997-98 |
$ 1.73 |
1998-99 |
$ 1.77 |
1999-00 |
$ 1.88 |
2000-01 |
$ 1.85 |
2001-02 |
$ 1.85 |
2002-03 |
$ 1.80 |
2003-04 |
$ 1.83 |
2004-05 |
$ 1.82 |
| 2005-06 |
$ 1.80 |
| 2006-07 |
$ 1.64 |
| 2007-08 |
$ 1.31 |
Budget
2007 - 08 Adopted General Fund Budget
(Maintenance and Operating only)
Estimated Revenue |
| Local |
83,716,434 |
71.83 % |
| State |
$ 32,470,192 |
27.86 % |
| Federal |
$ 368,000 |
0.32 % |
Estimated Expenses |
| Instruction |
$ 62,879,064 |
| Instruction Resource & Media Services |
1,393,459 |
| Curriculum & Instr. Staff Development |
449.559 |
| Instructional Leadership |
1,420,976 |
| School Leadership |
5,857,308 |
| Guidance, Counseling & Evaluation |
3,401,280 |
| Social Work Services |
383,906 |
| Health Services |
1,083.884 |
| Student Transportation |
5,629,685 |
| Child Nutrition |
- |
| Co/Extracurricular Activities |
3,833,221 |
| General Administration |
3,927,703 |
| Plant Maintenance & Operation |
14,671,603 |
| Security & Monitoring Services |
295,450 |
| Data Processing Services |
2,348,432 |
| Debt Service |
87,550 |
| Facilities Acquisition & construction |
3,211,570 |
| Transfers Out |
0 |
| Costs Associated with Ch. 41 |
4,679,976 |
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