Estimated Impact of Proposed Change in ASATR Calculation
The TEA has proposed a rule governing the calculation of Additional State Aid for Tax Reduction (ASATR) (19 Texas Administrative Code, Chapter 61, School Districts, Subchapter AA, Commissioner's Rules on School Finance, §61.1011 Additional State Aid for Tax Reduction). Beginning in the 2013–2014 school year, the proposed rule would adjust the adjusted minimum revenue for each Chapter 41 district by the difference between the district's current year transportation allotment and its 2009–2010 transportation allotment (for Chapter 42 districts, this adjustment appears on line 8 of the ASATR detail report). This table (PDF, 142 KB) shows the estimated impact that the change in the calculation of adjusted minimum revenue would have on Chapter 41 districts.
Texas Education Agency Response to Standard and Poor's Ratings Services Article
Read the agency's response (PDF, 160 KB) to the Standard and Poor's Ratings Services article Texas School Districts' Potential State Funding Paybacks Could Hurt Credit Ratings. Also available is a brief description of the settle-up process (PDF, 32 KB).
Important Announcement Regarding FSP Payments for Fiscal Year 2012
School districts and charter schools that are scheduled to receive payments in August WILL receive their August 2012 payment on or before August 25, 2012. This payment will NOT be delayed until September. See the letter from the Legislative Budget Board for more details.
2011 Actual and 2012 Budgeted PEIMS Financial Data Now Available
Recently released Public Education Information Management System (PEIMS) data are now available on the agency website.
Downloadable 2011 actual and 2012 budgeted data are available through the PEIMS Financial Data Downloads page. The data are available in three formats: single file (.csv), multiple file (.txt), or Microsoft Access database (.mdb).
Financial reports of 2011 actual and 2012 budgeted data for a particular district or campus are available through the PEIMS Financial Standard Reports page.
Please note that both of these pages are also accessible through links on the main School Finance Reports and Data page. See the first two links under the heading "Public Education Information Management System (PEIMS) Financial and Standard Reports."
School Finance Tax Information
Find information on property tax policy, including the regular program adjustment factor, on the School Finance Property Tax Policy Information page.
School Finance Presentations
Find presentations on school finance, including presentations given at recent conferences, on the School Finance Presentations page.
State Funding Correspondence
Find state funding–related correspondence from the agency on the State Funding Correspondence page.
State Funding Updates
Receive updates on state funding topics by subscribing to the State Funding Division's Listserv. To subscribe, click the link, select "State Funding Updates" from the drop-down list, click Join or Leave, enter your name and email address, and click Join FUNDING.
For more information, contact:
State Funding Division
December 19, 2013
The Texas Education Agency has identified six open-enrollment charter schools that meet the legislative criteria for mandatory revocation of their charter under Senate Bill 2. Revocation for all six would be effective June 30, 2014.
December 17, 2013
The December issue of the Texas Education Todaynewsletter provides updates on efforts to revise high school graduation requirements, the creation of a new bond guarantee program for charter schools and the latest news from the Texas Education Agency and the State Board of Education.
December 13, 2013
The Texas Education Agency (TEA) has identified Title I schools and charters eligible for additional federal funding to strengthen performance on its campuses. The identification is a component of the state’s conditional waiver from the U.S. Department of Education to specific provisions of the Elementary and Secondary Education Act (ESEA), commonly known as the No Child Left Behind (NCLB) Act of 2001.
December 09, 2013
Commissioner of Education Michael Williams announced today that he has named Monica Martinez as Associate Commissioner for Standards and Programs for the Texas Education Agency (TEA).