00:00.0
00:09.0
Last year we left our talk about school finance with school property taxes.
00:09.0
00:11.7
Now I know this is not everyone’s favorite subject...
00:11.7
00:15.6
...but a community is only as healthy as the school district is successful.
00:15.6
00:21.4
We learned in the first school finance session the current system does not provide equal funding per student to Texas school districts.
00:21.4
00:27.8
In addition to that, it is important to know that increased property values which cause your school taxes to increase...
00:27.8
00:31.7
...do NOT lead to an increase in funding for the operations of Klein ISD.
00:31.7
00:37.7
As local property tax collections increase, our state funding decreases proportionately.
00:37.7
00:44.1
The state then has the discretion to appropriate the local tax funds into any state budget - not just education.
00:44.1
00:49.2
And the fixed amount set by the state -- which is allocated on a per student basis...
00:49.2
00:53.7
has not kept up with rising costs due to various reasons including inflation.
00:53.7
01:00.3
Klein ISD does receive the fixed amount per student for new students to help cover the costs of the additional teachers and staff needed...
01:00.3
01:06.0
...but the increase does not address the inflation costs for supplies and services as mentioned earlier.
01:06.0
01:14.5
Payroll costs account for 90% of the entire school district budget with teachers and support staff making up the largest percentage of the payroll.
01:14.5
01:20.8
To make matters more challenging, school districts receive the same transportation allotment as they did in 1984.
01:20.8
01:26.1
So, how can districts secure additional funds to support and sustain a high quality educational environment?
01:26.1
01:31.2
Can the district afford to open two new schools with the existing revenue structure provided by the state?
01:31.2
01:33.8
The answers to these questions and more, in the coming weeks.
01:33.8
01:37.1
I’m Bret Champion and that’s Klein ISD in 90 Seconds.