| Inflation May Bankrupt Some Texas School Districts |
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| by Tom McGregor | Mon, May 12, 2008, 10:24 AM |
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The Houston Chronicle reports that, “at-risk districts, generally, will find a way to make it for the next school year, but many face horror situations in a few years unless legislators dramatically change the school funding system again, and soon.” Schools will be faced with difficult choices, unless a fix is enacted during next year’s legislative session. Some school districts may have to close campuses and fire teachers. State leaders are defending the current system but will consider the school district’s complaints. Allison Castle, a spokeswoman for Gov. Rick Perry, said the 2-year-old reforms have achieved funding equity for To read the entire article from the Houston Chronicle, link here:
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Comments (6)
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written by Byron George , May 12, 2008 Uh-oh, seems not everything was considered by the legislature when they cut the property tax. I love the spin Gov. Perry's spokeswoman put on the problem, "the 2-year-old reforms have achieved funding equity for Texas public schools while shifting about a third of the tax burden away from local taxpayers. Ok, so you cut my property taxes, you have raised business taxes. It doesn't take a rocket scientist to know that the businesses will pass on these taxes to the consumers. And the consumer is the local property owner. We are going to pay X amount of money to keep the schools open. Sure they cut my property tax by 1/3 but I am making it up in the higher cost of goods manufactured by these businesses that are paying higher taxes. Not to mention the obvious. Taking local control away from the taxpayers. Mark this down. Coming soon. State property tax. All revenue from property tax will be sent to the state and reimbursed to schools on a per child basis.
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written by ElHombre , May 12, 2008 Yet another Band-Aid on Texas' financing system is coming loose.
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written by Dallasite1 , May 12, 2008 It couldn't be because of out of control spending by individual school districts, huh? There is nothing more wasteful than school spending. They always spend money like it's going to be there forever, and then act shocked when an economic downturn happens and they can't pay for their inflated budgets. It's not the legislature's fault that school administrators think it's ok to build a $20M high school football stadium (yes, I'm talking to you Wylie). Those districts have an obligation to plan ahead, and not continuously rape the taxpayers to fund their shortsightedness.
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written by Byron George , May 12, 2008 I know nothing about Wylie other than the fact it is growing rapidly. Likely the stadium was built after a bond election voted by the Wylie ISD property owners. If that is indeed the fact, the stadium has absolutely no bearing on this story. This story is referring to the M & O of the school district not the debt service.
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written by Holy Roller , May 12, 2008 Why do you guys think you have bond elections every year now? Dallas ISD has had at least 3 in the last 6 years. The thing to note is that the bonds keep passing. Which means people are willing to pay more taxes for schools, and that comes in the form of property tax.
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written by Ken Dickson , May 13, 2008 rising costs always is the cry from schools...never spending cuts....Rockwall has proved that & just keeps on!!...yes, it always has something ther for more dollars to the stadium!! The people will finally get tired of all of this when they realize that they are being"had" by the ISD's Write comment
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