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Ch. 41Education Public Schools97CHAPTER 41___ EDUCATION PUBLIC SCHOOLS ___ HOUSE BILL 081162 BY REPRESENTATIVE(S) Stephens, Gardner B., Kerr J., Cooper, McNulty, Rosenberg, Benefited, Borodin, Butcher,

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How to fill out excess local revenuetexas education

01

Obtain the necessary forms and instructions from the Texas Education Agency (TEA) website.

02

Review the guidelines and requirements for reporting excess local revenue.

03

Calculate the total excess local revenue for your school district using the specified formula.

04

Complete the designated form with the accurate financial data.

05

Submit the completed form to the TEA by the specified deadline.

Who needs excess local revenuetexas education?

01

School administrators

02

Financial officers in school districts

03

Officials responsible for budgeting and financial reporting in education sector

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What is excess local revenue in Texas education?

Excess local revenue in Texas education refers to the amount of money generated by local school districts from property taxes that exceeds the state's funding formulas.

Who is required to file excess local revenue in Texas education?

Local school districts in Texas are required to file excess local revenue reports with the Texas Education Agency.

How to fill out excess local revenue in Texas education?

Local school districts must fill out excess local revenue reports using the forms provided by the Texas Education Agency and submit them by the deadline.

What is the purpose of excess local revenue in Texas education?

The purpose of excess local revenue reporting is to ensure that school districts are in compliance with state funding formulas and to determine if any adjustments need to be made.

What information must be reported on excess local revenue in Texas education?

School districts must report the amount of local property tax revenue collected, any exemptions or adjustments made, and how the excess revenue will be used.

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