• Tax Ratification Election Header

What is a Tax Ratification Election (TRE)?

  • Texas school boards are charged with adopting a budget and tax rate each year. The tax rate is meant to levy in property taxes the funds needed for day-to-day operations of the district, the Maintenance and Operations tax rate (M & O), as well as funds to pay any district debt, which is called the Interest and Sinking (I & S) tax rate. The I & S rate is often referred to as the “debt service” tax rate. Districts exceeding $1.04 per $100 valuation in their Maintenance and Operations tax rate must seek voter approval to do so. The election is called a Tax Ratification Election, or TRE.