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Special Note for School Districts <br />The wealth lost to this exemption will be deducted from the taxable wealth of the school district as <br />determined by the Comptroller for purposes of calculating state aid. Until the hold harmless provisions of <br />House Bill 1 are removed, this will have little impact on the amount of state aid your school district <br />receives. At present, the Comptroller's wealth estimate affects only the additional four cents that a school <br />district may impose and the amount of certain types of facilities aid the district receives from the state <br />(existing debt allotment and instructional facilities allotment). <br />We hope that this letter and the attached forms will help you make an informed decision on behalf <br />of the taxpayers that you represent. If you should have any questions concerning this matter, please feel <br />free to call your attorney at your local office or call me in Houston. <br />Sincerely, <br />Robert Mott <br />