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For the 10 years of the tax benefit period, reduced local school district revenues are substantially replaced with state funds through the state public school finance system. [4] The Texas Tax Code gives the Texas Comptroller's office responsibility and authority to adopt rules necessary for the implementation and administration of the program. [5]
The Robin Hood Plan is a colloquialism given to a provision of Texas Senate Bill 7 (73rd Texas Legislature) (the provision is officially referred to as "recapture"), originally enacted by the U.S. state of Texas in 1993 (and revised frequently since then) to provide equity of school financing within all school districts in the state of Texas.
Now, the Senate has put the onus on the House, increasing pressure to accept both a homestead exemption and a measure to advance relief to teachers.
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Paris Independent School District is a public school district based in Paris, Texas, United States. It is a UIL region 4A district, and is the largest in Lamar County, with an enrollment of approximately 4,000 students. In 2009, the school district was rated "academically acceptable" by the Texas Education Agency. [1]
The Texas Permanent School Fund is a sovereign wealth fund which serves to provide revenues for funding of public primary and secondary education in the US state of Texas. [2] Its assets include many publicly owned lands within Texas and various other investments; as of the end of fiscal 2020 (August 31), the fund had an endowment of $48.3 ...
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