Texas Two-Step, Part I

Albanese, Elizabeth
February 2005
Bond Buyer;2/4/2005, Vol. 351 Issue 32064, p1
Trade Publication
This article reports on the school funding bill in Texas. The Texas House of Representatives yesterday unveiled the long-awaited House Bill 2, a measure that would significantly change the way public education is funded in the state--including the infusion of an additional $3 billion each year and continued debt service assistance for eligible districts. The bill, introduced by Kent Grusendorf, is the first of a two-part school finance package aimed at meeting a September court order by a Travis County district court to revamp school finance in Texas. The judge gave lawmakers until October 1 to come up with a new, public education funding system.


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