In order to meet the state’s future workforce needs and give all Texas children the opportunity to succeed, it is critical that the state continue to invest in public education.
texas public education
Educators and other school staff members have put their lives on the line to keep schools open. The least we can do is protect their jobs and provide the resources they need to serve our students in a crisis.
The state’s economic outlook has worsened considerably over the last year, which affects public education’s fiscal outlook going forward.
Voters will be asked to make many decisions during the November 2020 Election, from national and state elections to important races at the city and county levels. Many school districts are also holding board and bond elections this fall. While a few races soak up most of the media attention, it’s important to go all …
In simple terms, fund balance is the difference between assets and liabilities in a governmental fund as of the close of the fiscal year. School districts use their fund balances to responsibly manage cash flow — especially in districts that pay recapture and cannot lean on regular state funding.
Don’t be fooled. School district fund balances are an important cash management tool and are not the same as the State’s Rainy Day Fund.