A letter up on the website of the Texas Education Agency — addressed to the HISD Board of Trustees and dated to last Thursday — provides what the state organization says is a preliminary list of the high-value Houston properties that might be detached from the district and tacked onto Aldine ISD. The transfer is the proposed response to last fall’s election by HISD residents not to authorize that payment of over-the-per-student-cap property tax revenue to the state for redistribution to other districts. Campaigners had hoped the “no” vote on the resolution would cause the Legislature to look at reforming the state’s education funding scheme (which the state high court raised an eyebrow at last year, but left in place).
On the same day the letter was issued, the HISD board voted to call a new election on the recapture/detachment question; the TEA has also set a lower figure for the district’s initial required payment to the state, in light of the fact that HISD doesn’t collect some potential property tax revenue because of homestead exemption rules. The letter tallies up the marked-for-snagging properties at more than $8.024 billion in total assessment value, and includes the Galleria, the Williams Tower, a slew of downtown office buildings, the CityWestPlace complex near Beltway 8, and 2 refineries. The list itself mentions only addresses and parcel numbers, connected mostly to the buildings below and a number of their associated parking garages:
