Relating to the small-sized district adjustment under the Foundation School Program.
Impact
If enacted, HB 1710 would directly affect financial equity among school districts, particularly for those serving fewer students. The adjusted formulas are designed to provide better allocation of funds so that smaller districts can offer competitive educational opportunities similar to those available in larger districts. This change could lead to increased resources for these smaller districts, potentially improving educational outcomes.
Summary
House Bill 1710 aims to adjust the funding formulas for small-sized school districts within the framework of the Foundation School Program. The bill proposes amendments to various sections of the Texas Education Code, specifically affecting how funding is calculated for districts with average daily attendance under certain thresholds. By introducing specific formulas based on student populations, the bill seeks to ensure that smaller districts receive adequate financial support without being disadvantaged by their size.
Contention
Notably, discussions surrounding the bill may involve debates about whether the new funding formulas adequately address the unique challenges faced by small-sized districts. Advocates for the bill argue that without such adjustments, these districts could continue to struggle with insufficient funding due to their size. However, opponents might raise concerns regarding the sustainability of funding adjustments, questioning whether the state can consistently support these changes long-term and whether they might take funding from larger districts.
Relating to a local optional teacher designation system implemented by a school district, a security officer employed by a school district, the basic allotment and guaranteed yield under the public school finance system, and certain allotments under the Foundation School Program; making an appropriation.
Relating to the basic allotment and guaranteed yield under the public school finance system, certain allotments under the Foundation School Program, determination of a school district's assets to liabilities ratio under the public school financial accountability rating system, and credit for prepayment of the amount required to be paid by a school district for the purchase of attendance credit under the public school finance system.