I was reading an editorial in the Dallas Morning News discussing the issue of school financing in Texas. According to the way school financing is set up based on property taxes, property rich taxes have to return some of their income each year to be redistributed to property poor districts. This is known as the "Robin Hood" school financing system. However, this article noted that Dallas and Houston are on the verge of becoming "wealthy" districts despite the fact that a large majority of our students come from economically disadvantaged sectors, because wealth is determined not by income but by property values. In Dallas ISD, close to 90% meet the economically disadvantaged designation, yet we are a wealthy district?? Here we are having to cut 500 jobs and cut corners every where to meet the budget shortfall and may have to send money back to the state on top of that?? I'm baffled. The editorial mentioned that Texas school financing is a mess because of its dependence on property taxes. However, I'm no expert on this kind of thing and have been wondering...how do other states fund education? What states are doing a good job of funding education and how do they do it? What are some solutions to solve this problematic system that Texas is stuck in?
Any brilliant minds out there, feel free to enlighten me!!
Sophie's 11th Birthday
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