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Oct. 4, 2017 - About Taxparency

 
As school finance reform, property tax relief and transparency in taxation became top priorities leading up to the 85th legislative session, Plano ISD partnered with other districts in an effort called “Taxparency,” (www.taxparencytexas.org). Taxparency is a grass roots collaboration among several Texas school board trustees who feel property owners have the absolute right to know where and how their school taxes are being spent by their local school districts and by the state. In Plano ISD, the average homeowner’s tax bill states that $4,657 is collected by Plano ISD, yet does not acknowledge that the district receives $3,634, while the state takes the other $1,023. “This lack of transparency masks the hidden state tax and eliminates a school board’s ability to decrease operating tax rates since it must generate new funds to satisfy rising annual recapture payments,” said School Board President Missy Bender. (Read more.) 
 
Taxparency, Perception vs. Reality Surprised? You're not alone. Most people are unaware that the state will take $151 million from Plano ISD taxpayers this year. Even though we are prohibited from reporting this on your tax statement, we'd like you to know: The state will take 31.6 cents of your tax rate this year for Robin Hood. This hidden sate tax has increased by 361% over the last 4 years. This is a silent tax increase for which you did not get to vote.
 
 
Sign up for more information at www.pisd.edu/taxparency. Need more information? See the video linked below.
Taxparency in 90 seconds
Taxparency in 90 seconds

With what you know now, what would you like to see change?

https://youtu.be/tlsaCp4giR8