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Revamping Public School Funding: Why Now?

Out of 1,032 school districts that adopted a tax rate, about 800 are at or approaching the property tax rate limit of $1.50, limiting the amount of local funds that can still be raised. Meanwhile, the percentage of school funding provided by state sources has decreased each of the past four years, tightening public school budgets further.

Plus, Texas ' public school system is accommodating over 70,000 net new students each year.

Analysis

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