More Equitable Funding Model for Public Education

Encourage Legislators to Develop a More Equitable
Funding Model for Public Education

In the last two years, the state has cut more than $5 billion in funding for public education. SBISD faced a $37 million reduction in the last two years due to a state funding decrease and now it faces a pending deficit of $15 million. The funding model for public education appears to be moving from a Target Revenue to a Formula funding model with emphasis on equity. However, the projected funding solution does not provide equitable solutions for students.

While the new Formula Funding model ($1.5-2.5 billion added) favors 85 percent of Texas school districts, SBISD is in the other 15 percent and will not be helped much.

• $54 per SBISD student/1st Year of the Biennium or about $1.7 million total
• $43 per SBISD student/2nd Year of the Biennium or about $1.4 million total
• Neighboring districts are likely to get $20-$50 million per district -- or more -- from this new Funding Formula based on “equity” for all students

We will continue to keep you informed about school finance issues.

When we work together anything is possible, and we need your support in ensuring all students in Spring Branch have the opportunity to continue to receive the best possible education available.