|
You are receiving this information because you are subscribed to Public School Funding Updates for the Texas Education Agency.
Please do not reply to this message. This is a broadcast email sent to all Foundation School Program (FSP) State Funding bulletin members.
Revised Tax Rate and MCR Template:
The Tax Rate and MCR Template available under the District & Charter Planning Tools section of the State Funding webpage has been revised since the original announcement published in the To the Administrator Addressed correspondence dated June 18, 2026, "Tax Year 2026 Maximum Compressed Tax Rates."
The updated template includes a correction to the prepopulated data in Cell D7, TY 2025 Value Lost to the Local Optional Homestead Exemption, on the LPVS worksheet tab. Districts should download and use the most recent version of the template when estimating their TY 2026 Maximum Compressed Rate (MCR) and related tax rate calculations.
As a reminder, the template is provided for technical assistance purposes only to help districts understand the inputs and calculations used in determining their MCR. Districts are still required to complete the Local Property Value Survey (LPVS) for TEA to calculate and approve their MCR.
|