The State of Texas reduced per-student funding by $339. When adjusted for inflation, this amounts to a $795 per-student decrease. Funding reductions took place despite rising costs and increasing mandates.
Lottery funds make up around 5% of total funding for schools.
Based on the state’s funding formula, per-student funding varies across the state— up to $3,264 per child.
Each year, Texas public schools admit an additional 80,000 students.
Senate Bill 3 creates education savings accounts (ESAs) and a tax credit scholarship program, taking much-needed funding away from Texas public schools. The tax credit scholarships will divert up to $100 million from public schools, and an unlimited amount for ESAs.
P.O. Box 400, Austin, Texas 78767-0400 • 512-467-0222