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Updating the texas cost of education index

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Several essential steps are needed to ensure the remodel of the school finance system is successful: The inherent inequities created by local property tax disparities are reduced through the combination of shared state support and the use of recapture. Funding weights for special populations and other cost adjustment factors, like the cost-of-education index, need to be updated. All good remodels have plans and goals. More than 30 years of legal challenges and legislative adjustments have left it with a bunch of patches and quick fixes that did not address the underlying structural issues. The system also continues to fund Pre-K at a half-day level, even though the majority of districts now provide a full-day program and are taking resources from other programs to support it. This moment is an opportunity to move our state forward, and we must modernize our approach to funding our education system. Early education is prioritized for low-income and English language learners by funding a half-day program. The Texas school finance system is not a tear down; it has several innovative elements that need to be preserved: This can be accomplished by adjusting the Basic Allotment for inflation or statewide growth in property values. The school finance formulas need to be cleared of all hold harmless provisions, which are not cost based and make the system inefficient.

Updating the texas cost of education index


When remodeling, you keep the elements that are working and build upon them. All good remodels have plans and goals. The inherent inequities created by local property tax disparities are reduced through the combination of shared state support and the use of recapture. More than 30 years of legal challenges and legislative adjustments have left it with a bunch of patches and quick fixes that did not address the underlying structural issues. The Texas school finance system is not a tear down; it has several innovative elements that need to be preserved: This moment is an opportunity to move our state forward, and we must modernize our approach to funding our education system. The system of weights used to direct additional resources to special populations has not been updated since being added to the formulas over 30 years ago. The school finance formulas need to be cleared of all hold harmless provisions, which are not cost based and make the system inefficient. This targeted Pre-K program has been shown to increase school readiness and produce savings for the state in the short and long-term through grade level retention, reduced reliance on government assistance and decreased involvement with the criminal justice system. This can be accomplished by adjusting the Basic Allotment for inflation or statewide growth in property values. The school finance system takes into account that different students — whether they live in rural or urban settings, or are gifted, English language learners or have special needs — require different supports and levels of resources to reach their full potential. For all Texas children to have equal access to high quality educational opportunities the system needs some serious renovations. Our school finance system, in many ways, is similar to an old house that has fallen into disrepair. The foundation must also be reinforced. However, even in these areas there is room for improvement. Several essential steps are needed to ensure the remodel of the school finance system is successful: Funding weights for special populations and other cost adjustment factors, like the cost-of-education index, need to be updated. Increasing the Basic Allotment brings the bottom up for everyone, while also reducing recapture for property-wealthy districts and lessens the impact of Target Revenue expiring. Everyone knows that for a home to retain its value and run efficiently it needs periodic repairs and updates. The legislature should conduct a study on the appropriate level of funding needed to meet the educational standards in place. The system also continues to fund Pre-K at a half-day level, even though the majority of districts now provide a full-day program and are taking resources from other programs to support it. One consequence is that many more districts are falling into recapture, including those with great needs, because state-wide growth in property tax revenue reduces the state share of funding instead of being reinvested back into public education. Early education is prioritized for low-income and English language learners by funding a half-day program.

Updating the texas cost of education index


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