That's the nice name for how Texas takes a big chunk of Austin's school district taxes and quietly funnels them away from education.
Under current Texas school finance regulations, districts are classified as either property-wealthy or property-poor.
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Effective October 10, 2016, if you have a Driver License AND Identification Card, you must visit a Driver License Office to surrender one of the cards before you are eligible for online transactions. A printer to print your temporary driver license or ID, which is valid for 45 days.
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Ken Zarifis, president of teachers' union Education Austin, said, "The school finance system, what it does to Austin is that it unfairly punishes the very kids it claims to want to help." Yet it's the kicker that would have left Robin Hood the folk hero fuming: The money taken from property-wealthy districts does not actually go to the property-poor districts.
So, the 0 million getting taken from AISD taxpayers, as well as the money from surrounding districts like Eanes and Lake Travis, doesn't go directly to the districts the state claims to be helping.
Information on college costs, graduation, and post-college earnings.
During that time, the District has made more than million in recapture payments to the state of Texas.
In 2017-18, the District is expected to make recapture payments between -11 million.
The Texas Education Agency (TEA) recently reported results from a legislatively mandated study on teacher pay in Texas.
According to the Professional Employee Salary Report, published by TEA in November, data submitted for the study indicated that Texas public school teachers, on average, receive lower annual salaries than certain non-education professionals in fields with similar entry requirements of a bachelor’s degree and some form of licensing or certification.