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Funding

The Texas Education Agency administers billions of dollars in both state and federal funds that support a variety of programs to benefit public education. Funds come from multiple sources, including state and federal coffers, grant organizations, the Permanent School Fund endowment, and others. This section of the TEA website includes information pertaining to all aspects of school funding, including financial audits.

Announcements

September 30, 2014

Permanent School Fund becomes nation's largest educational endowment

Commissioner of Education Michael Williams and Texas Land Commissioner Jerry Patterson announced today that the Permanent School Fund has reached a record high value in 2014, making it the largest educational endowment in the country.

September 10, 2014

TEA to apply for federal preschool expansion grant

 Commissioner of Education Michael Williams notified the U.S. Department of Education that the Texas Education Agency (TEA) will submit an application for a federal preschool expansion grant.  The grant could be valued at as much as $30 million per year for four years.

September 05, 2014

TEA releases 2013-2014 financial accountability ratings

The Texas Education Agency (TEA) today released financial accountability ratings for more than 1,200 school districts and charters across the state. The 2013-2014 ratings are based on annual financial reports provided to TEA by districts and charters from the 2012-2013 school year.  For 2013-2014, approximately 95 percent of Texas school districts passed with a FIRST rating of Standard or above.   

August 28, 2014

Statement of Commissioner Michael Williams regarding ruling in school finance case

 Commissioner of Education Michael Williams issued the following statement regarding today’s ruling in the school finance case:“Today’s decision is just a first step on a very familiar path for school finance litigation in Texas. Regardless of the ruling at the district court level, all sides have known this is an issue that will again be resolved by the Texas Supreme Court...