85R3022 PAM-F
	By: Campbell	S.B. No. 199

	A BILL TO BE ENTITLED
	AN ACT
	relating to procedural requirements for adopting and filing a
	school district budget.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Section 44.004(f), Education Code, is amended to
	read as follows:
	(f)  The board of trustees, at the meeting called for that
	purpose, shall adopt a budget to cover all expenditures for the
	school district for the next succeeding fiscal year. A vote to
	adopt the budget must be a record vote. Any taxpayer of the
	district may be present and participate in the meeting.
	SECTION 2.  Sections 44.005 and 44.0051, Education Code, are
	amended to read as follows:
	Sec. 44.005.  [FILING OF] ADOPTED BUDGET. (a) On or before
	a date set by the State Board of Education, the budget must be filed
	with the agency according to the rules established by the State
	Board of Education.
	(b)  The filed budget must contain a cover page that
	includes:
	(1)  one of the following statements in 18-point or
	larger type that accurately describes the adopted budget:
	(A)  "This budget will raise more revenue from
	property taxes than last year's budget by an amount of (insert total
	dollar amount of increase), which is a (insert percentage increase)
	percent increase from last year's budget.  The property tax revenue
	to be raised from new property added to the tax roll this year is
	(insert amount computed by multiplying the proposed tax rate by the
	value of new property added to the roll).";
	(B)  "This budget will raise less revenue from
	property taxes than last year's budget by an amount of (insert total
	dollar amount of decrease), which is a (insert percentage decrease)
	percent decrease from last year's budget.  The property tax revenue
	to be raised from new property added to the tax roll this year is
	(insert amount computed by multiplying the proposed tax rate by the
	value of new property added to the roll)."; or
	(C)  "This budget will raise the same amount of
	revenue from property taxes as last year's budget.  The property tax
	revenue to be raised from new property added to the tax roll this
	year is (insert amount computed by multiplying the proposed tax
	rate by the value of new property added to the roll).";
	(2)  the school district property tax rates for the
	preceding fiscal year and each district property tax rate that has
	been adopted or calculated for the current fiscal year, including:
	(A)  the property tax rate;
	(B)  the effective tax rate;
	(C)  the effective maintenance and operations tax
	rate;
	(D)  the rollback tax rate; and
	(E)  the debt rate;
	(3)  the total amount of bonds and other debt
	obligations owed by the district as of the date of the adoption of
	the budget;
	(4)  the computation of the instructional expenditures
	ratio and instructional employees ratio required to be reported to
	the commissioner under Section 44.0071; and
	(5)  the record vote of each member of the board of
	trustees by name voting on:
	(A)  the adoption of the budget; and
	(B)  the setting of the property tax rate for the
	current fiscal year, if the vote has been taken.
	(c)  The district shall take action to ensure that the cover
	page of the budget is amended to include the property tax rates
	required by Subsection (b)(2) and the record vote of each member of
	the board of trustees by name as required by Subsection (b)(5)(B),
	if that information is not included on the cover page when the
	budget is filed with the agency. The district shall file an amended
	cover page with the agency and take action to ensure that a copy of
	the amended cover page is posted on the district's Internet
	website.
	Sec. 44.0051.  POSTING OF ADOPTED BUDGET. (a) On or before
	the date described by Section 44.005(a) [final approval of the
	budget by the board of trustees], the school district shall post on
	the district's Internet website a copy of the district's adopted
	budget, including the cover page required by Section 44.005(b)
	[adopted by the board of trustees].  The district's Internet
	website must prominently display the electronic link to the adopted
	budget.
	(b)  The district shall maintain the adopted budget,
	including the required cover page, on the district's Internet
	website for at least three consecutive fiscal years [until the
	third anniversary of the date the budget was adopted].
	SECTION 3.  This Act applies only to a budget adopted for a
	fiscal year beginning on or after the effective date of this Act.  A
	budget adopted for a fiscal year beginning before the effective
	date of this Act is governed by the law in effect when the budget was
	adopted, and that law is continued in effect for that purpose.
	SECTION 4.  This Act takes effect September 1, 2017.