LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 6, 2025 TO: Honorable Brandon Creighton, Chair, Senate Committee on Education K-16 FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1636 by Hinojosa, Adam (Relating to prohibiting a school district from using interest and sinking tax revenue to pay for deferred maintenance.), As Introduced No fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactThe bill would prohibit school districts from using interest and sinking tax revenue for deferred maintenance. Source Agencies: b > td > 701 Texas Education Agency LBB Staff: b > td > JMc, JPE, SL, MJe LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 6, 2025 TO: Honorable Brandon Creighton, Chair, Senate Committee on Education K-16 FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1636 by Hinojosa, Adam (Relating to prohibiting a school district from using interest and sinking tax revenue to pay for deferred maintenance.), As Introduced TO: Honorable Brandon Creighton, Chair, Senate Committee on Education K-16 FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1636 by Hinojosa, Adam (Relating to prohibiting a school district from using interest and sinking tax revenue to pay for deferred maintenance.), As Introduced Honorable Brandon Creighton, Chair, Senate Committee on Education K-16 Honorable Brandon Creighton, Chair, Senate Committee on Education K-16 Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1636 by Hinojosa, Adam (Relating to prohibiting a school district from using interest and sinking tax revenue to pay for deferred maintenance.), As Introduced SB1636 by Hinojosa, Adam (Relating to prohibiting a school district from using interest and sinking tax revenue to pay for deferred maintenance.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government Impact The bill would prohibit school districts from using interest and sinking tax revenue for deferred maintenance. Source Agencies: b > td > 701 Texas Education Agency 701 Texas Education Agency LBB Staff: b > td > JMc, JPE, SL, MJe JMc, JPE, SL, MJe