Ersatz State Property Tax, Reform
But 10 years later, the Robin Hood plan was in jeopardy again. In November, 2005, the Texas Supreme Court ruled that, since the vast majority of school districts were having to tax at the maximum maintenance-and-operations (M&O) tax rate of $1.50 per $100 of property valuation just to raise enough money to meet state mandates, the school-finance system was, in effect, a state property tax, which is prohibited by the Texas Constitution. The Texas Legislature, meeting in a special session in April and May, 2006, passed legislation that met the court's requirements that local districts have "meaningful discretion" in setting tax rates. A series of bills changed the school finance system to cut school M&O property taxes by one-third by 2008, but allowed local school boards to increase tax rates from the new, lower levels, although generally only with voter approval. Some of the local property tax revenue lost by the one-third cut will be replaced by state revenue from a new business tax and higher cigarette taxes. The Comptroller estimated a five-year $23 billion dollar shortfall from the revised tax system.
Read more about this topic: Robin Hood Plan
Famous quotes containing the words ersatz, state, property and/or reform:
“The indispensable ingredient of any game worth its salt is that the children themselves play it and, if not its sole authors, share in its creation. Watching TV’s ersatz battles is not the same thing at all. Children act out their emotions, they don’t talk them out and they don’t watch them out. Their imagination and their muscles need each other.”
—Leontine Young (20th century)
“Called on one occasion to a homestead cabin whose occupant had been found frozen to death, Coroner Harvey opened the door, glanced in, and instantly pronounced his verdict, “Deader ‘n hell!””
—For the State of Nebraska, U.S. public relief program (1935-1943)
“Things have their laws, as well as men; and things refuse to be trifled with. Property will be protected.”
—Ralph Waldo Emerson (1803–1882)
“Letters are above all useful as a means of expressing the ideal self; and no other method of communication is quite so good for this purpose.... In letters we can reform without practice, beg without humiliation, snip and shape embarrassing experiences to the measure of our own desires....”
—Elizabeth Hardwick (b. 1916)