/tags/recapture Recapture en-US Copyright KUT News 2025 Tue, 05 Nov 2024 23:00:00 GMT /education/2024-11-05/aisd-prop-a-tax-rate-election-results-2024-austin-tx The 9.1 cent tax rate increase will generate $171 million in new revenue for Austin ISD. The district will keep about $41 million of that, while the rest is subject to Texas� recapture system. Tue, 05 Nov 2024 23:00:00 GMT /education/2024-11-05/aisd-prop-a-tax-rate-election-results-2024-austin-tx Becky Fogel, Olivia Aldridge /education/2024-10-25/voters-tax-rate-increase-austin-schools-group-of-former-trustees-recapture-aisd If voters approve Prop A, it will generate $171 million in new revenue for the district. Austin ISD will keep $41 million of that, while the rest will go to the state as a result of the recapture system. Fri, 25 Oct 2024 18:23:05 GMT /education/2024-10-25/voters-tax-rate-increase-austin-schools-group-of-former-trustees-recapture-aisd Becky Fogel /education/2024-10-16/austin-isd-manor-isd-tax-rate-election-prop-a The school boards in Austin ISD and Manor ISD each called tax rate elections for Nov. 5 to help cover the cost of raising staff salaries. Both districts are facing multimillion-dollar budget deficits. Wed, 16 Oct 2024 19:30:32 GMT /education/2024-10-16/austin-isd-manor-isd-tax-rate-election-prop-a Becky Fogel /education/2024-08-20/austin-isd-is-asking-voters-to-approve-a-new-tax-rate-to-help-fund-pay-raises-reduce-deficit District officials said if a voter approval tax rate election is successful in November, it will generate $41 million in additional revenue for the district. Nearly $18 million of that would be used to increase at least 60% of employees� pay. Tue, 20 Aug 2024 15:22:30 GMT /education/2024-08-20/austin-isd-is-asking-voters-to-approve-a-new-tax-rate-to-help-fund-pay-raises-reduce-deficit Becky Fogel /education/2024-06-21/austin-isds-budget-deficit-means-staff-pay-will-barely-budge-without-voter-help The size of Austin ISD’s budget deficit and salary increases for staff largely depend on whether the board calls a Voter Approval Tax Rate Election to generate millions in revenue. Without the funds generated by a new tax rate, the district will be $78 million in the hole. Fri, 21 Jun 2024 14:48:45 GMT /education/2024-06-21/austin-isds-budget-deficit-means-staff-pay-will-barely-budge-without-voter-help Becky Fogel /education/2024-06-20/why-do-so-many-austin-area-school-districts-have-budget-deficits Austin ISD is staring down a nearly $60 million budget deficit. District officials and school finance experts say adjusting per student spending for inflation would alleviate some of the financial strain public schools are facing. Thu, 20 Jun 2024 10:01:00 GMT /education/2024-06-20/why-do-so-many-austin-area-school-districts-have-budget-deficits Becky Fogel /education/2023-12-11/urban-school-districts-in-texas-struggle-to-make-ends-meet-despite-record-property-wealth Pretty much everything costs more than it did in 2019. But in Texas, public schools are still getting the same amount of funding they got four years ago. Mon, 11 Dec 2023 17:55:28 GMT /education/2023-12-11/urban-school-districts-in-texas-struggle-to-make-ends-meet-despite-record-property-wealth Camille Phillips /education/2023-06-23/austin-isd-school-board-approves-deficit-budget-as-recapture-payment-nears-1-billion Trustees approved a 2023-2024 budget that spends just over $52 million of the district’s savings to help cover the cost of an aggressive compensation package they unanimously approved last month. Fri, 23 Jun 2023 14:54:52 GMT /education/2023-06-23/austin-isd-school-board-approves-deficit-budget-as-recapture-payment-nears-1-billion Becky Fogel /education/2023-01-18/heres-why-pflugerville-isd-might-close-schools-and-how-the-community-is-fighting-back The PfISD school board is considering closing several elementary schools to save money as the district faces a multimillion-dollar budget deficit. Trustees are expected to make a decision next month. Thu, 19 Jan 2023 02:16:21 GMT /education/2023-01-18/heres-why-pflugerville-isd-might-close-schools-and-how-the-community-is-fighting-back Becky Fogel /education/2023-01-13/austin-isd-wants-to-raise-teacher-pay-by-at-least-5-for-the-next-school-year The district is working on its budget for the 2023-2024 school year. AISD administrators and school board members say employee compensation is the top priority. Fri, 13 Jan 2023 15:55:01 GMT /education/2023-01-13/austin-isd-wants-to-raise-teacher-pay-by-at-least-5-for-the-next-school-year Becky Fogel