374 School Districts Subject To ‘Robin Hood’

AUSTIN (AP) – Texas has added 23 school districts for the first time to its list of those considered property-wealthy. It now has a record 374 districts that are required to give some of what they raise in local tax revenue to the state for distribution to poorer schools.

The funding scheme is part of Texas’ “Robin Hood” school finance system. It began in 1993 with 35 districts considered wealthy enough to be subject to sharing.

The number now has increased more than 10-fold and represents more than a third of the state’s 1,000-plus school districts.

Some districts have increased property-tax rates or seen their tax bases grow due to population booms.

But a key reason the list of property-wealth districts keeps growing has been higher property wealth in some parts of Texas.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Also Check Out:

  • http://newrepublicoftexas.com/news/374-school-districts-subject-to-robin-hood/ 374 School Districts Subject To ‘Robin Hood’ | News

    […] 374 School Districts Subject To ‘Robin Hood’ TweetFacebookLinkedInTumblrStumbleDiggDelicious This entry was posted in Texas News by . Bookmark the permalink. […]

blog comments powered by Disqus
The Taz Show

Listen Live