AUSTIN, Texas – The Texas School Coalition announced today that from 1994 through 2013, Chapter 41 school districts have contributed almost $16 billion in Robin Hood recapture. This amount mirrors the $16 billion contribution to the Foundation School Fund announced by the Texas Lottery earlier this week.
“Many people still believe that the Texas Lottery is the largest source of funding for education in the State of Texas,” said Christy Rome, Executive Director of the Texas School Coalition. “While we certainly appreciate the funds supplied by the Texas Lottery, taxpayers in communities served by Chapter 41 districts have contributed an amount equivalent to our state lottery.”
The 2012-2013 contribution brings the total amount contributed by Chapter 41 school districts to $15.868 billion. During the 2013-2014 school year, Chapter 41 districts are expected to collectively contribute another $1.128 billion in Robin Hood recapture. For the past 10 years, recapture has exceeded $1 billion on an annual basis in every year but one. This year, 332 of the state’s 1,022 school districts are categorized with Chapter 41 status, meaning that the district is subject to wealth equalization because its property wealth per student exceeds a certain level determined in state law.
On an annual basis, total funding for public education in Texas is in excess of $40 billion. Approximately 40 percent of the funding is derived from state sources, which include both contributions from the Texas Lottery and recapture payments, as well as a variety of other sources, consisting primarily of sales tax revenue. Federal funds make up about 10 percent of the total. Almost half of the funding for schools in Texas comes from local property taxes, which are collected by local school districts.
To access the press release from the Texas Lottery, click here.
For more information about Chapter 41 payments from the Texas Education Agency, click here.