Robin Hood Law /tags/robin-hood-law Robin Hood Law en-US Copyright KUT News 2025 Fri, 25 Oct 2024 18:23:05 GMT As voters weigh higher tax rate for Austin public schools, group of former trustees raises concerns /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 Austin ISD is asking voters to approve a new tax rate to help fund pay raises, reduce deficit /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 Austin ISD’s budget deficit means staff pay will barely budge without voter help /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 Why do so many Austin-area school districts have budget deficits? /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 Leander ISD estimates its first payment into state’s ‘Robin Hood� system will top $35 million /education/2022-11-29/leander-independent-school-district-recapture-property-taxes Rising property values means the district must pay into the recapture system, which was intended to equalize school funding in the state. Tue, 29 Nov 2022 11:01:00 GMT /education/2022-11-29/leander-independent-school-district-recapture-property-taxes Kailey Hunt Austin ISD paid hundreds of millions more than other districts in Texas' 'recapture' program /education/2022-02-11/austin-isd-paid-hundreds-of-millions-more-than-other-districts-in-texas-recapture-program A study found AISD paid more than $710 million last school year � three-and-a-half times more Houston ISD, a much larger district. The program is meant to bolster districts in areas with less property wealth. Fri, 11 Feb 2022 22:43:32 GMT /education/2022-02-11/austin-isd-paid-hundreds-of-millions-more-than-other-districts-in-texas-recapture-program Andrew Weber Austin ISD School Board Approves Raises For Teachers, Hiring Of New Equity Officer /education/2019-06-17/austin-isd-school-board-approves-raises-for-teachers-hiring-of-new-equity-officer The Austin Independent School District's Board of Trustees voted Monday to approve a $1.6 billion budget, which includes across-the-board raises for� Tue, 18 Jun 2019 04:05:19 GMT /education/2019-06-17/austin-isd-school-board-approves-raises-for-teachers-hiring-of-new-equity-officer Claire McInerny Texas Lawmakers Promised To Increase School Funding And Lower Property Taxes. Here's What They Did. /politics/2019-05-28/texas-lawmakers-promised-to-increase-school-funding-and-lower-property-taxes-heres-what-they-did The Texas Legislature usually finds a theme that emerges during the 140-day session. Two years ago, many people would call it the session of the “bathroom� Tue, 28 May 2019 21:49:16 GMT /politics/2019-05-28/texas-lawmakers-promised-to-increase-school-funding-and-lower-property-taxes-heres-what-they-did Ben Philpott Texas Sen. Larry Taylor Unveils New School Finance Bill, Adding $5,000 Teacher Pay Raise /politics/2019-04-25/texas-sen-larry-taylor-unveils-new-school-finance-bill-adding-5-000-teacher-pay-raise After a long wait, the Texas Senate has finally unveiled a thorough proposal for how to tackle school finance and school property tax reform � bringing� Thu, 25 Apr 2019 21:52:03 GMT /politics/2019-04-25/texas-sen-larry-taylor-unveils-new-school-finance-bill-adding-5-000-teacher-pay-raise Aliyya Swaby | Texas Tribune How Does Recapture Affect School Funding In Texas? /education/2018-06-27/how-does-recapture-affect-school-funding-in-texas A large chunk of funding for schools in Austin comes from property taxes, and as many Austinites know, those keep going up every year.Under the Texas� Wed, 27 Jun 2018 12:01:00 GMT /education/2018-06-27/how-does-recapture-affect-school-funding-in-texas Avery Miles