Attendance Credit Election - Proposition A

Did You Know: Pflugerville ISD is at risk of losing approximately $1 billion of its tax base on November 8, 2022?

Due to the increase in property values seen in Central Texas, Pflugerville ISD is now deemed a property-wealthy district by state standards and is required to send funds back to the state through the state funding system commonly called “Robin Hood.”

The Attendance Credit Election is a state-required, one-time election that asks voters to allow Pflugerville ISD to make the mandatory recapture payments through the purchase of attendance credit. If approved by voters, PfISD can make the required recapture payments to the state in this manner. If rejected by voters, TEA will identify a portion of land within PfISD to detach and send to a neighboring school district in order to reduce PfISD’s total property value. The portion of PfISD land chosen by TEA will be annexed to the new school district. Accordingly, any students living in this annexed area will attend the new school district and the detached property will be taxed by the new school district as well. At this time, district officials do not know which portion(s) of land could be chosen by TEA for detachment.

What is Recapture (AKA Robin Hood Payments)?

Texas law requires school districts that have a high property wealth per student to give a portion of local tax revenue back to the state. Those funds are then shared with school districts showing low property wealth per student. The law, which is commonly referred to as the “Robin Hood” has designated Pflugerville ISD as a Chapter 49 or property wealthy district based on our property values. Therefore, a portion of Pflugerville ISD property taxes is subject to recapture by the state.

What Happens if the Election Fails (AGAINST)?

If the Attendance Credit Election is not approved by Pflugerville ISD voters, the TEA will begin a “Detachment of Territory” procedure to remove roughly $1 billion worth of property from Pflugerville ISD’s property values.

Top Ten Taxpayers	Taxable Valuation
AMAZON.COM SERVICES LLC	$274,488,899
DELL INC	$208,891,180
CAPITAL CITY LUCKY HOLDING LLC	$194,323,776
A-S 93 SH 130-SH 45 LP	$139,032,287
LOGISTICS II TECH RIDGE PORTFOLIO	$107,770,000
CH REALTY IX-KNIGHTVEST MF AUSTIN	$105,000,000
WC BRAKER PORTFOLIO LLC	$100,368,738
TMP VINEYARD PROJECT LLC	$94,440,000
SUN BOULDER RIDGE LLC	$90,615,843
CENTENNIAL STONE HILL TWO LP	$89,450,000
TOTAL	$1,404,380,723

The above chart lists the Top 10 Taxpayers in Pflugerville ISD. This total represents $1.4 Billion in taxable value.TEA would need to detach $1.2 Billion worth of property. Please note that the actual list of detached properties would be determined by the TEA.

As a Pflugerville ISD Taxpayer, What Does This Mean to Me if the Election Fails (AGAINST)?

The main impact of Pflugerville ISD losing $1 billion in property tax value to the detachment of territory is PfISD may need to raise the I&S tax rate in order to continue to service the district’s current debt schedule. Additionally, any students living in this annexed area will attend the new school district and the detached property will be taxed by the new school district as well.

What Happens if the Election is Approved (FOR)?

A vote “for” the election allows Pflugerville ISD to make the required recapture payments to the state. Other items to note if the election is approved by voters:

PfISD's funding for operations will be increased and will be available for the programs that Pflugerville ISD students and parents have come to expect (CTE, Fine Arts, Athletics, Gifted and Talented, etc.)
The district will make recapture payments using the most cost-effective method of Purchasing Attendance Credit. Of the school districts in Texas that are required to pay recapture, 100 percent use Purchase Attendance Credit as their method of payment.

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