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Property taxes go into a general bucket and each school gets a set amount of money per student. It solves the problem of rural school districts not having enoug

Property taxes go into a general bucket and each school gets a set amount of money per student. It solves the problem of rural school districts not having enough funding but it goes too far there are no adjustments for how expensive an area is. A city like Austin send 51% of their school taxes to the state while also no having enough money to run their schools because things are more expensive in Austin and they deal with a lot more kids with learning difficulties. Texas has collected more in school tax than the schools were funded for in the past several years, so they just steal that money and put it in the general fund instead of giving the schools the money collected through school taxes.

pandaman 3y ago
>A city like Austin send 51% of their school taxes to the state Citation is badly needed. I live in Austin and I don't pay any taxes to the state. My property taxes are going to the city, Travis county and multiple school districts.
- megaman821 3y ago
  > More than half of the district’s budget for the upcoming fiscal year — $940 billion — will go to the state's recapture program, which takes money from property-wealthy school districts and distributes it to districts that don’t collect enough property tax revenue to cover costs. https://www.statesman.com/story/news/education/2023/06/26/austin-isds-deficit-budget-raises-pay-funds-special-education/70339804007/ https://www.statesman.com/story/news/education/2023/06/26/au...
  - pandaman 3y ago
    Thanks, there does seem to be a recapture program even though the article doesn't make much sense (940 million is not more than half of 2.1 billion budget for once).
    - megaman821 3y ago
      That Statesman had a better article but I couldn't find it. It's 2.1 budget for the year: * 940 million goes to the state as recapture (1.8 billion was collected in property taxes) * There is a few hundred million in state and federal grants coming in * They are spending 52 million more than grants + leftover property taxes
      - pandaman 3y ago
        It does seem people use "taxes" and "budget" as if it's the same thing when discussing this topic.

pandaman 3y ago

>A city like Austin send 51% of their school taxes to the state Citation is badly needed. I live in Austin and I don't pay any taxes to the state. My property taxes are going to the city, Travis county and multiple school districts.

megaman821 3y ago
> More than half of the district’s budget for the upcoming fiscal year — $940 billion — will go to the state's recapture program, which takes money from property-wealthy school districts and distributes it to districts that don’t collect enough property tax revenue to cover costs. https://www.statesman.com/story/news/education/2023/06/26/austin-isds-deficit-budget-raises-pay-funds-special-education/70339804007/ https://www.statesman.com/story/news/education/2023/06/26/au...
- pandaman 3y ago
  Thanks, there does seem to be a recapture program even though the article doesn't make much sense (940 million is not more than half of 2.1 billion budget for once).
  - megaman821 3y ago
    That Statesman had a better article but I couldn't find it. It's 2.1 budget for the year: * 940 million goes to the state as recapture (1.8 billion was collected in property taxes) * There is a few hundred million in state and federal grants coming in * They are spending 52 million more than grants + leftover property taxes
    - pandaman 3y ago
      It does seem people use "taxes" and "budget" as if it's the same thing when discussing this topic.