The Texas Association of School Boards has developed a school finance plan, which was approved unanimously by the association's board of directors last week at the annual TASA/TASB Convention.
The plan is designed to address the inadequacies of the current funding system. TASB will work with legislators, school districts and other stakeholders to enact this plan during the 82nd Session.
Compared to the current Target Revenue and two-tiered, multiple-yield school finance systems, the TASB Plan is a simpler single-tier, single-guaranteed yield system that benefits all school districts and provides a scalable framework for distributing public education funds, according to TASB government relations staff.
Check out the plan and let us know what you think.