AN OVERVIEW For the last twenty years, Texas has relied on the same formula for funding its public schools. But this June, Governor Greg Abbott signed into law House Bill 3, a sweeping school finance overhaul that changes the way Texas calculates the amount of money public schools, including public charter schools like IDEA Public Schools, receive for each student in attendance. AS A RESULT, ALL CHARTER SCHOOL DISTRICTS, and Independent School Districts in Texas received an increase in funding this fall. Although charter schools will still receive less taxpayer money per pupil than Independent School Districts, the passage of House Bill 3 is an important step in the right direction for public education Texas.
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IMPACT WINTER 2020
