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School Finance
Omar's Corner - State Aid Template Update for SB 1.
New! Late last week, the Conference Committee on SB 1 agreed on the funding elements to be used for the 2013-14 and 2014-15 school years. An official Template for Estimating State Aid will not be released until SB 1 has been signed into law. However, if you wish to model the SB 1 effects on your state aid, you can make the following changes to the latest release of the state aid template (Release 3 dated March 19, 2013):
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May 22, 2013, 08:48
Budget cuts key factor in El Paso school districts' per student spending declines
Public school districts across the nation spent less per student in 2011, the first drop in nearly 40 years -- while most El Paso districts spent significantly less than the national average.
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May 22, 2013, 08:32
Gladewater ISD: Insurance costs offset by step, percentage raises
Gladewater ISD is revising its salary schedules and giving step and percentage raises to all employees to offset some of the additional cost its personnel will spend in 2013-14 on increasing insurance premiums, Superintendent J.P. Richardson announced Tuesday.
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May 22, 2013, 08:06
Rainy Day Fund eyed for $1.75B school payment
A top House Republican says using the state's Rainy Day Fund is being considered for $1.75 billion owed to public schools as part of a complex Texas budget package. State Rep. Drew Darby said Monday that as the Legislature enters a final and furious week, budget writers want to settle the classroom debt by accessing a projected $12 billion in emergency dollars.
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May 21, 2013, 07:47
La Villa ISD faces cuts to middle school
School district leaders stopped short of closing the middle school campus Thursday night, though it was a consideration as they look for ways to cut off an estimated $500,000 deficit next school year.
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May 20, 2013, 07:50
Public School Funding Negotiations Underway
According to media reports, the House and Senate conferees' negotiations may result in a $3.2 billion increase in education funding to partially reverse funding cuts of $5.4 billion enacted by the 82nd Legislature in the current 2012-2013 biennium General Appropriations Act.
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May 15, 2013, 08:37
El Paso: EPISD projects $21M more in revenue
Members of the El Paso Independent School District Board of Managers received updated budget projections that showed significantly higher revenues fueled by new state funding.
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May 15, 2013, 08:24
Fort Worth school trustees approve two contracts with Chesapeake
School trustees approved a two-year lease agreement with Chesapeake Exploration on Tuesday for gas development on two pieces of district property.
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May 15, 2013, 08:05
Weslaco ISD to pay $160K to TEA in settlement
Weslaco school board members agreed Monday to a $160,000 settlement with the Texas Education Agency after a 2011 audit found the district did not have proper documentation.
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May 15, 2013, 08:02
Frisco ISD releases proposed 2013-2014 budget: No change planned from current tax rate
Frisco Independent School District unveiled its proposed budget for the upcoming school year at a regular board of trustees meeting Monday -- a budget that includes the same tax rate as the current year.
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May 15, 2013, 07:45
Latest Template Changes needed to Reflect Current Legislation Impact on District Funding
Important! Omar Garcia of BOSC shares the numbers needed to update your template and calculate the impact of current legislative proposals for your school district. Use with version 3 of template download it here.
May 14, 2013, 08:47
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