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Texas school districts budget calendar
Texas school districts budget calendar







texas school districts budget calendar

The Texas Education Agency (TEA), which oversees the state’s public education system, is the largest single recipient of Article III funding, at $40.2 billion in GRR and PTRF and $55.4 billion in All Funds for the 2018-19 biennium, or about 63.9 percent and 68.3 percent of the Article III total, respectively.ĭue to the nature of the Texas school finance system, the primary cost drivers for state appropriations to TEA are public school enrollment and local property values. K-12 education Cost drivers - enrollment and property values Bureau of Labor Statistics, IHS Markit, Legislative Budget Board, Texas Comptroller of Public Accounts and Texas Education Agency General Revenue-Related and Property Tax Relief Fund Index General Cost Index and Personal Income, Fiscal 1996-2019 (1996=100) Fiscal Year

texas school districts budget calendar

General Cost Index and Personal Income,Įxhibit 8: Article III Appropriations vs. Since 1996, adjusted GRR+PTRF and All-Funds appropriations have risen less than the general cost index and much less than personal income. In the last 23 years, the state has supplied a decreasing share of funding for both public and higher education.Įxhibit 8 compares appropriations for Article III against the general cost index and personal income growth. Increases in Article III appropriations are driven primarily by the number of Texas children enrolled in school districts and charter schools and the number of credits taken by students enrolled in Texas public colleges and universities. In all, the Legislature appropriated $62.9 billion in combined GRR and PTRF revenue for Article III in the 2018-19 biennium All-Funds appropriations totaled $81.1 billion, including $10.8 billion in federal funds and $7.4 billion in other funds. This resulted in the declining state appropriations seen in 2010. Then, during the 2009 session, the Legislature used federal funds from the American Recovery and Reinvestment Act to fund part of the state’s obligations under the school finance system. This led to the growth in appropriations seen in Exhibit 8 during fiscal 20. Share on Linkedin Budget Drivers: The Forces Driving State Spending Article III: Education Cost drivers - enrollment, tuition and property valuesĪrticle III appropriations support public schools and state colleges and universities.įor this analysis, GRR funding for Article III is combined with revenue from the Property Tax Relief Fund (PTRF), created in 2006 to boost state aid for public education and ease the burden on property taxpayers.









Texas school districts budget calendar