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Del Valle ISD staff outline tax-rate calculation timetable and plan to buy attendance credits if recapture occurs
Summary
District staff provided information on truth-in-taxation deadlines, a proposed delegation to calculate tax rates and an early-notice recapture (Robin Hood) alert from TEA; administration recommended purchasing attendance credits (option 3) if recapture applies and will return to the board Aug. 19 for action.
District business staff told the board on Aug. 5 that Del Valle ISD received certified property values and must follow Texas truth-in-taxation deadlines this fall while the district prepares contingencies for a possible recapture (state “Robin Hood”) notification.
Dina Edgar, the district’s finance officer, said the district received certified values from the appraisal district and has submitted the local property value survey to the Texas Education Agency. She said the administration will ask the board on Aug. 19 to designate a tax-rate…
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