Austin ISD Pays $618.2 Million—46.6 percent of local tax revenue—to State of Texas/Austin ISD paga $ 618.2 millones, 46.6 por ciento de los ingresos fiscales locales, al estado de Texas
Austin ISD Pays $618.2 Million—46.6 percent of local tax revenue—to State of Texas
Last week, Austin ISD sent $618.2 million of the taxes the district collects in Austin to the State of Texas. This payment is almost half of the district's annual budget of $1.6 billion.
AISD is the single, largest payer into the state finance system, which is called local revenue in excess of entitlement, also known as recapture.
