Existing Debt Allotment (EDA) Program

Created by the Texas Legislature in 1999, the EDA program provides tax rate equalization for local debt service taxes. By providing a guaranteed yield on interest and sinking fund (I&S) taxes levied by school districts to pay the principal of and interest on eligible bonds, the program guarantees a specific amount of state and local funds per student for each cent of tax effort up to $0.29 per $100 of assessed valuation. Currently, the guaranteed yield for EDA provides $35 per student in average daily attendance (ADA) per penny of tax effort.

The program operates without applications and has no award cycles.

EDA Eligibility Information

Law and Rules

Texas Education Code: Chapter 46, Subchapter B, Assistance with Payment of Existing Debt
Commissioner's Rules: 19 Texas Administrative Code §61.1035, Assistance with Payment of Existing Debt

EDA Reports

EDA Eligible Debt Service Report
EDA Payments With Prior Year Adjustments - Included in the Summary of Finances (SOF) report
EDA State Aid Calculation by District - Included in the SOF report
TEA Payment Report - All payments from the TEA to school districts

Report Name Excel Link PDF Link

2009–2010 Unequalized Tax Collections Applicable to EDA and IFA Local Share Excel, 1,636 KB PDF 1,009 KB

EDA Tools

Instructions for Completing the EDA Correction Form

EDA Correction Form

Report Name	Excel Link	PDF Link
2010–2011 Calculation of Existing Debt Allotment Worksheet	Excel, 449 KB	PDF, 29 KB
2009–2010 Calculation of Existing Debt Allotment Worksheet	Excel, 125 KB	PDF, 35 KB

For additional information, contact:

Office of School Finance
Jacquie Pree
(512) 475-1217
jacqueline.pree@tea.state.tx.us

Page last modified on 5/29/2013 03:18:24 PM.

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Existing Debt Allotment (EDA) Program

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