Wealthy school districts won’t have to pay as much as first thought
— reported by KTRK ABC Channel 13
Some wealthy Texas public schools won’t have to contribute as much money to poorer districts as expected.
Texas law requires wealthy school districts to send some of their tax revenues to the state, which distributes the funds to poor districts. But the more students wealthy schools districts have, the less money they pay the state.
The Texas Education Agency says the state will make up any differences so less-wealthy schools districts will receive the money they expected.
Good news, I guess.