Tag Archives: Permanent School Fund

Texas versus AirBnB update

From last week: The Texas Comptroller’s office said Tuesday it’s reviewing the inclusion of Airbnb on a list of companies that boycott Israel and are banned from doing business with the state after the company announced a change to its … Continue reading

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Who should be managing the Permanent School Fund?

It’s a good question, and I’m not sure what the best answer to it is. Lawmakers are proposing a wide range of fixes for the state’s public school endowment, which has lost out on billions in growth during the past … Continue reading

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No more PSF investing for you, Land Board

Seems worth considering. Austin Lawmakers filed bills this week that would strip the School Land Board of its ability to invest billions of dollars on behalf of Texas schoolchildren. The bipartisan legislation, submitted Wednesday, comes amid mounting scrutiny over the … Continue reading

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What’s wrong with the Permanent School Fund?

For starters, it should have more money in it. It was a grand promise, one our forefathers made 165 years ago to all Texas children, to theirs and ours and those not yet born. With $2 million and the state’s … Continue reading

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The Land Office in the news

Please enjoy this coverage of a downballot statewide race, which is not something we get all that much of. Incumbent George P. Bush, the 41-year-old grandson and nephew of U.S. presidents, is facing off against his outspoken predecessor Jerry Patterson, … Continue reading

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Two school finance stories

Tough times in the oil patch mean tough times for school districts in the oil patch. The U.S. shale boom flooded the state’s public schools with a gusher of cash, but that windfall is disappearing nearly as fast as it … Continue reading

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Texas Lottery Commission dies and is reborn

And we have our first curveball of the legislative session. The House voted Tuesday to defeat a must-pass bill reauthorizing the Texas Lottery Commission, a stunning move that casts doubt on the lottery as a whole and may potentially cost … Continue reading

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SBOE passes anti-voucher resolution

Good for them. The Texas State Board of Education voted 10-5 on Friday to urge the Legislature to reject proposals that would result in public funds being allocated for private educational institutions. The resolution, authored by Board of Education member … Continue reading

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Patrick teases his school choice proposals

He doesn’t want to call it “vouchers”, but if it walks like a duck… “If there’s one message that I want to send, it’s that I want to champion public education,” said Patrick, the new chairman of the Senate Public … Continue reading

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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 … Continue reading

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What next for Sugar Land prison property?

Now that the Central Unit in Sugar Land has been closed, what will happen to the empty facility? The fate of the Central Unit site will be decided by the three-member School Land Board, which oversees real estate investments on … Continue reading

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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 … Continue reading

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So what is the point of the SBOE, anyway?

Here’s another story about the difficulties of SBOE redistricting, and it’s got me wondering why we bother having an elected body called the State Board of Education. This legislative session, lawmakers are working on redrawing the 15 districts based on … Continue reading

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How does school finance work, anyway?

The Trib has a useful guide to this incredibly complex topic. Here’s our layman’s guide to figuring out the current system, compiled with the help of experts at the Texas Taxpayers and Research Association, the Equity Center and the Texas … Continue reading

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SBOE wants its new textbooks

But it may not get them. State board members are growing increasingly anxious that lawmakers might not provide funding for new textbooks and instructional material – even though they’re giving the Legislature $1.9 billion from a 157-year-old endowment established to … Continue reading

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Still going through the couch cushions

The Senate is looking for funds wherever it can find them. Hoping to cushion the impact of proposed state budget cuts to public education and health care, Lt. Gov. David Dewhurst said Wednesday that a special subcommittee will be named … Continue reading

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What to do with the SBOE?

The Lege has many ideas about what to do with the state’s most embarrassing branch of government, some of which are better than others. State Rep. Roberto Alonzo (D-Dallas), wants the SBOE abolished under his House Bill 881 and all … Continue reading

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More charter school stuff

Now that you’ve listened to my interview with Chris Barbic, here are a couple more charter school-related articles of interest. First, from the Trib, a story about charter schools getting help for facilities from the Permanent School Fund. Fledgling charter … Continue reading

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What the funding cuts to public education will mean to your school district

Read this and see. Summary of HB 1 (Public Education Reductions) The House introduced its initial version of the General Appropriations Act (House Bill 1) for the 2012-13 biennium on Wednesday, January 19. While it is the first draft of … Continue reading

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The Pitts budget

Here it is, and if it is a shock to you, you haven’t been paying attention. The House’s starting-point budget proposal would provide for a total budget of $156.4 billion in state and federal money, a decrease of $31.1 billion, … Continue reading

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True culture warriors never sleep

There’s no possible way that this can end well. The [State Board of Education] will consider a resolution next week that would warn publishers not to push a pro-Islamic, anti-Christian viewpoint in world history textbooks. Members of the board’s social … Continue reading

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The charter schools make their case

Specifically, David Dunn, the executive director of the Texas Charter School Association, makes the case for public funds for charter school facilities in this op-ed from the weekend. One of the major obstacles to critical education reform in Texas is … Continue reading

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The SBOE and charter schools

Some members of the State Board of Education want to get into the charter school business. Representatives for Texas’ 460 independent charter schools asked the State Board of Education on Wednesday to tap into the state’s education trust fund and … Continue reading

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The SBOE is more than just a clown show

The clown show part we know about, but the State Board of Education is also responsible for managing the state’s $20 billion Permanent School Fund, and as they politicize scholastic issues it seems politics may be playing a role in … Continue reading

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