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Region 6 explains tax-rate compression, "three golden pennies" and implications for M&O revenue
Summary
Presenters told trustees the state sets compression rules that influence the M&O tax-rate calculation; Brenham ISD can add three "golden pennies" to generate more local revenue this year after a voter-approved tax-rate measure.
Region 6 presenters explained basic school-tax mechanics and the state's compression rules that limit local M&O tax-rate changes. They told trustees the district approved a voter-authorized tax measure last year and "this year, you're going to be able to add 3 more golden pennies to your M and O tax rate," which will generate additional local revenue the board can allocate among fund balance, staffing or raises.
Presenters cautioned trustees that state-imposed floors and ceilings and the annual property value calculations mean tax-rate changes interact with compression and that the district must set a legally compliant tax rate when it adopts the budget in August. Administration said staff will provide preliminary TEA templates and MCR estimates when available.
