Fluffy, Eduardo Alvarez
McCallum High School, Austin ISD
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
December 16, 2009
The Texas Permanent School Fund Bond Guarantee Program, closed since March, will reopen in early 2010 and will once again back the bonds issued to pay for school construction. This will save Texas school districts millions of dollars in interest costs.
November 20, 2009
The State Board of Education, at the recommendation of consultant NEPC and the Permanent School Fund staff on Nov. 20 placed Goldman Sachs on a manager watch list.
October 22, 2009
Despite turbulence in financial markets worldwide, the Permanent School Fund, which is overseen by the State Board of Education, has rebounded to a value of almost $22 billion, up from $15.9 billion this spring.
October 5, 2009
A new monthly report shows American Recovery and Reinvestment Act grant expenditures by district.