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Posts Tagged ‘Available School Fund’

School Land Board votes to transfer $300 million to Available School Fund

From the Trib: The School Land Board voted Tuesday to release $300 million into the Available School Fund for public schools. The money will be released in two $150 million installments, one in February and the other on June. The funds had been caught in a standoff between the Legislature and the School Land Board, […]

Land Board throws the Lege a curveball on school finance

Oops. In the waning days of the 82nd Legislature, state lawmakers came up with a plan to help cushion the blow of $5.4 billion in cuts to public education. State Rep. Rob Orr, R-Burleson, proposed a constitutional amendment that he said could bring an additional $300 million to public schools. It unanimously cleared both the […]

House approves a little more money, Senate readies its budget

Just a little. Texas House budget-writers voted Monday to free up an additional $3 billion for key state services through such moves as speeding up tax collections, delaying payments and suspending the back-to-school sales tax holiday. The bills next go to the full House, which Appropriations Committee Chairman Jim Pitts, R-Waxahachie, predicted could be willing […]

House moves forward on school fund money

Last week, I noted a bill filed by Rep. Rob Orr that would direct some money from the Available School Fund into the public schools. His legislation has now been approved by committee and is likely on its way to passage; this will include a Constitutional amendment that you’ll see on your ballot this November. […]

The House finds a few extra bucks

Where has this been all along? State Rep. Rob Orr, R-Burleson, introduced two bills to the House Appropriations Committee that could add several million dollars to the public schools budget over the next two years. HB 2646 proposes allowing the School Land Board to transfer at least half of the net revenue it collects from […]

The business lobby’s guide to balancing the budget

Bill Hammond, the president and CEO of the Texas Association of Business, pens an op-ed with his preferred approach to the budget. The main thing to note is right here: The state has $72.2 billion available for general-purpose spending during the 2012-13 biennium, leaving a $15 billion gap from the current general revenue spending of […]