Equity Center

The Congressional House Education and Labor Committee is meeting today to discuss legislation that would allocate an additional $130 billion in funding for K-12 education to assist school reopenings and student educational needs.

According to the Center for Budget and Policy Priorities, if passed this would be the largest ever one-time federal investment in K-12 education.

At the state level, the Senate Finance Committee has begun its budget hearings. The Legislative Budget Board explained to the committee that to date, Texas has received approximately $25 billion in federal COVID-related funding with TEA being allocated $5.5 billion of this amount.

www.lbb.state.tx.us

The 87th meeting of the Texas Legislature is underway.

Monday the Comptroller released the Biennial Revenue Estimate that will guide lawmakers as they begin to build the 2022-23 two-year state budget.
The good news is that the current year budget deficit projection was reduced from $4.58 billion to $950 million.
Further, according to estimates, it appears that state revenue will remain relatively flat over the next two years compared to the current two-year biennium. Lawmakers have the resources available to fully fund the Foundation School Program to keep your budgets whole.

If you have questions or comments let us know.

You can find the BRE here:

Biennial Revenue Estimate 2022-2023 At the beginning of each regular session of the Texas Legislature, the Texas Constitution requires the Comptroller of Public Accounts to submit a statement showing the state’s financial condition and estimating the revenue it can expect to receive during the next two-year budget period.

Reminder: TASA Virtual SummerCon 2020 is this week. Be sure to tune in on Friday, June 12th at 10 a.m. as we present The Future of School Finance LIVE!

https://tasavirtualcon.org

TASA Virtual Conference | You control the air conditioning! June 9-12, 2020 Leading Our Schools Through Crisis and Preparing for a New Normal The TASA Summer Conference is going virtual! TASA has planned a dynamic online learning experience centered around the issues school leaders are facing due to the COVID-19 pandemic, including planning for the new schoo...

Check out the op-ed featured on Texas Tribune's Trib Talk...by Deputy Executive Director, Josh Sanderson.

Add some common sense into how we fund our schools, by Josh Sanderson This one change will solve numerous problems that plague our school and tax system that literally cause billions of dollars to be misallocated every year. We can and should be using precious tax dollars more wisely for students’ needs. 

Texas Comptroller releases updated property value growth numbers that will impact budget decisions in the coming legislative session. View the Legislative Update below. Be sure to renew your membership or join today as a member or sponsor to receive access to weekly video updates like this one providing key information on school finance issues and policies impacting your students and community. www.equitycenter.org

2018 10 03 Josh Legislative Update An Equity Center update on Texas Education Agency and Comptroller of Public Accounts revenue growth projections for this school year and next biennium, as of...