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School Finance Update #28 on Legislative Session. House Bill 604 -> Equity Funding House Bill 5 -> The What if Funding. TEA’s Proposal for 12.5% Cut. Reduction to school districts Between $811,667 and $6,395,711 Depending on TEA Proposals. Potential Budget Cuts affecting LISD.

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school finance update 28 on legislative session

School Finance Update #28 on Legislative Session

House Bill 604 -> Equity Funding

House Bill 5 -> The What if Funding

tea s proposal for 12 5 cut
TEA’s Proposal for 12.5% Cut
  • Reduction to school districts
  • Between $811,667 and $6,395,711
  • Depending on TEA Proposals
potential budget cuts affecting lisd
Potential Budget Cuts affecting LISD
  • (1) ADA Funding = Reduction in Basic Services
  • (2) NIFA Funding = Reduction in new furniture for new replacement schools
  • (3) CATE allotment = Reduction in CATE funds
  • (4) State Comp weight = Reduction in state comp. funds
potential budget cuts affecting lisd4
Potential Budget Cuts affecting LISD
  • (5) Bilingual allotment and reduce the CATE weight. = Reduction in bilingual funds
  • (6) Transportation and gifted and talented allotment by 50% = Reduction in transportation costs and GT funds
possible contingency plan
Possible Contingency Plan
  • Budget Freeze May 1st
  • Restrict Travel
  • Reduce allocation to schools by reduction in allotment (after legislative session)
  • Eliminate programs not needed
  • Possible reduction in force
update on house bill 604
Update on House Bill 604
  • Provides for a complete sunset of
    • CH 41 –Robin Hood
    • CH 42 –Equalization
    • CH 45 – IFA
    • CH 46 –EDA

Makes changes in school funding

update on house bill 6047
Update on House Bill 604
  • Provides for 3% for 2 year guarantee of increased funding on a per student basis
  • No formal financial plan yet established.
upcoming events and follow up
Upcoming events and Follow up
  • Watch Committee Meetings on HB 604 and HB 5
  • Possibly provide testimony on problems with HB 5 and HB 604
  • Watch for consolidation of these bills. In other words, watch the problems with HB 604 and new good things of HB 5
  • Make sure that we do not settle for one time increases that appear good, but lack Equity and Adequacy
  • Let’s do not mortgage the future for a quick dollar today…..