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Public School Finance

Texas children, who are the foundation of our future workforce, must have access to a quality education. Improving student achievement starts with how our state finances public education. For the first time since 1993, transformational, long-term improvements to the K-12 education system advanced during the 86th Texas Legislative Session with the passage of school finance reform.

The reform legislation provided $6.5 billion in new state funding to the public education formula funding system and placed greater funding emphases on proven programs aimed at increasing outcomes for all students. Before the start of the legislative session, the Partnership launched a Public School Finance Workshop series in the fall of 2018 designed to enhance the business community's understanding of school finance. That series culminated in publishing a school finance white paper. The Partnership will take a similar data-driven approach to analyzing Texas' public education achievement and identify areas where the business community can support growth.

The Partnership's Priorities for Public School Finance

  • Help the business community to understand the new public education formula funding system and how it impacts the Houston region

  • Advance near- and long-term improvements to public education quality

  • Continue to advocate for sufficient funding of the new school finance formula system and advance innovative initiatives

Actively Involved

Signed into law after the 86th Texas Legislative Session, House Bill 3 delivers transformational school finance solutions, increases the state’s share of funding public education from 38 percent to 45 percent and reduces the burdensome cost of recapture.

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View the Interactive District Map

Explore school finance formula by district.

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New School Finance Formula

Easily follow the new school finance formula on just one page.

See the formula

White Paper Studies School Finance System

Before the session, the Partnership published this white paper.

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