LEGISLATIVE BUDGET BOARD
Austin, Texas
 
EQUALIZED EDUCATION FUNDING IMPACT STATEMENT

88TH LEGISLATURE 3rd CALLED SESSION 2023
 
October 9, 2023

TO:
Honorable Joan Huffman, Chair, Senate Committee on Finance
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
SB2 by Creighton (Relating to a local optional teacher designation system implemented by a school district, a security officer employed by a school district, the basic allotment and guaranteed yield under the public school finance system, and certain allotments under the Foundation School Program; making an appropriation.), As Introduced

The bill would amend or create allotments under the Foundation School Program.  

While this analysis anticipates that increases to the Basic Allotment would be expected to have a positive impact on equalized funding requirements, the total impact on equalized funding requirements of the bill cannot be determined because the impacts related to the Teacher Retention Allotment, School Safety Allotment, and Teacher Incentive Allotment are not known. 




Source Agencies:
LBB Staff:
JMc, KK, ASA, MJe