On Thursday, State Representative Mary González filed House Bill 258 to fix what she calls “our broken school finance system.”
“It is urgent that we address school finance,” Rep. González said. “The state refuses to provide enough money for education, and every year the state’s share dwindles as rising property values fill in the gap.”
Via a news release, Rep. Gonzalez adds, “Governor Greg Abbott uses the lives of schoolchildren for political posturing without actually addressing school finance. The House has consistently demonstrated leadership on this issue over the past two years, generating real solutions regarding school finance, rather than continuing to talk about fixing it.”
HB 258 is a comprehensive solution to a complex problem. It includes studies of equity and adequacy, raises the basic allotment, and adds an inflation adjustment. The bill also increases the bilingual and compensatory education allotments, raises the equalized wealth level to lift all districts and reduce recapture, and repeals previous inefficiencies.
HB 258 enables public schools to tackle the challenges of a changing Texas head-on by providing updated funding mechanisms tied to the current reality of Texas students and teachers.
“In a state as diverse and fast-growing as Texas, we simply have to put more resources into public education,” Rep. González said. “Increased funds for education is a win-win- win: Property tax relief, more resources for schools to meet the diverse needs of their students, and a better future.”