Texas HB248 amends the public school finance system to adjust allotments for small and mid-sized school districts.
Texas HB248 modifies the allotment formulas for small and mid-sized school districts under the public school finance system. It introduces a new formula for districts with fewer than 300 students in average daily attendance, providing an annual allotment based on a specific calculation. Additionally, it updates the formula for districts with less than 5,000 students, allowing them to choose the formula that results in the greatest annual allotment. The changes take effect on September 1, 2025.
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