Texas Comptroller. 6 Points on TX Current School Finance System.
The Texas Comptroller has a new review of school finance in which he raises these issues with the current school finance system:
- Property tax bills are rising sharply, a greater burden on businesses & homeowners
- Recapture keeps growing, accounting for more of overall funding.
- Strong economic growth and current funding formulas ensure continued increase in local share & recapture
- More school kids. especially low-income and other disadvantaged students, exert pressure on funding
- Look forward. Consider the inherent volatility and their long-term ability to grow
- Relative Local & State Shares. “State policymakers should weigh the establishment of a standard for the relative state and local shares of public school funding.”