19 Tex. Admin. Code § 61.1002 - Maximum Compressed Tax Rate Limitations
(a) This section, made pursuant to Texas
Education Code (TEC), §48.011 and §48.004, addresses calculations in TEC, §
48.2551 and §
48.2552.
(b) For purposes of determining a district's
maximum compressed tax rate (MCR) for a given tax year under TEC, §§
48.2551(b)(1)(B),
48.2551(c),
and
48.2552(b),
if the calculation of a school district's maximum compressed maintenance and
operations (M&O) tax rate for that year would result in an MCR less than
90% of the highest district's maximum compressed M&O tax rate, the
district's maximum compressed M&O tax rate is 90% of the highest maximum
compressed M&O tax rate for that year.
Notes
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