Q& A: Why is Houston ISD voting on recapture, and what is recapture anyway. Photo: Marie D. De Jesus, Staff. Recapture ClauseImage 1 of 1. If HISD doesn't pay its recapture bill, the Commissioner of Education will remove enough commercial property from HISD's tax rolls to reduce the district's property tax collections by the amount it owes. De Jesus, Staff. Q& A: Why is Houston ISD voting on recapture, and what is recapture anyway. Back to Gallery. On Saturday, voters who live within the Houston ISD will go to the polls to determine how - or if - the district will pay the state millions in . Whatever voters decide on Proposition 1, the Houston ISD will take a financial hit, officials say. The Recapture Institute is a non-partisan, non-profit organization that stands for the well-being of American citizens everywhere. DEFINITION of 'Recapture' 1. A condition set by the seller of an asset that gives him/her the right to purchase back some or all of the assets within a certain period. Have a 401K, 403B, 457, and/or any other traditional IRA accounts? The IRA Recapture strategy will make sure you keep as much of your money as possible. Biology 103 A Method of Population Estimation: Mark & Recapture Objectives: 1. Learn one method used by wildlife biologists to estimate population size of wild animals. Possibly I might be blamed a bit for my truantry, but the recapture of the HISPANIOLA was a clenching answer, and I hoped that even Captain Smollett would confess I. Depreciation & Recapture Can I deduct as a business expense the entire acquisition cost of a computer that I purchased for my business or do I have to use. In Section 12.1, we introduce capture-recapture sampling and discuss application of it to estimating population size. We then provide the formula for the variance of. Synonyms for recapture at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day. Depreciation recapture is the gain received from the sale of depreciable capital property that must be reported as income. Depreciation recapture is assessed when the. Recapture, and school finance, can be difficult to grasp. To help, here are the answers to some questions about the ballot measure. Q: What is recapture? A: Recapture is the process by which so- called property wealthy school districts pay the state a fee that is then redistributed to school districts that raise little through local property taxes of their own. Q: Why is recapture back on the ballot? A: After 6. 2 percent of voters asked the district last fall not to pay the state's recapture fee, Texas Education Commissioner Mike Morath threatened to . In February, three HISD trustees said lawmakers and others in Austin were furious at the district for refusing to pay recapture and hinted at vindictive action. Those fears, and the fears about what could happen if the state detaches commercial properties from a district, spurred the board to vote 5- 3, with one abstention, in favor of holding a second referendum on May 6. Q: Do other states use recapture, and why does Texas use it? A: Texas and Vermont are the only two states that use recapture to fund schools equitably, according to Mike Griffith of the nonprofit Education Commission of the States. Texas established recapture in 1. Texas relies on recapture because other options such as instituting an income tax or creating a statewide property tax are prohibited by the state's constitution. Q: How much would Houston ISD owe if it pays the recapture fees, and how much would it lose if the state . But that amount would balloon in coming years, costing HISD about $3. In either scenario, the district could lose more than 1. Q: What does a . For example, Houston ISD's weighted average daily attendance is a little more than 2. A district's total property value is divided by the weighted average daily attendance, and if those numbers are greater than a state- set threshold, the district will likely be subject to recapture payments. Q: How many other districts pay recapture fees?
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