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| Apr 28, 2009 8:35 pm |
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re: Public School Education In Crisis |
Ken Hilving
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Essentially, Texas ' school funding system consists of two tiers, designed to take into account the characteristics of each school district and its students:
Tier 1: The foundation funding level in the Texas FSP, Tier 1 takes into account a Basic Allotment of dollars per student , adjusted for district characteristics such as the cost of education (using the Texas Cost of Education Index), district size (using the Small and Mid-Size District Adjustments) and sparse populations (using the Sparsity Adjustment). For more information on each adjustment, see the Glossary. The allotment is adjusted again to account for the higher cost of serving some students. Districts must tax 86 cents to participate in Tier 1.
Tier 2: The Tier 2 program guarantees a yield (an amount of money) for each student for each penny of tax from a combination of state and local sources. Districts with higher property wealth raise most or all the yield through the local property tax. Lower-wealth districts receive state aid to reach the yield per penny. Districts may raise Tier 2 taxes up to 64 cents.
Chapter 41 Wealth Sharing
Chapter 41 of the Texas Education Code requires school districts with weighted average daily attendance of over $305,000 to submit to wealth reductions for optimized wealth equalization. Essentially, this means the highest property wealth districts may have property tax revenues reallocated to lower property wealth districts.
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So no, Texas also links state funding to the number of students in a district. However, state funding is currently about 36% of the total revenue for school districts. Private Reply to Ken Hilving (new win) |
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