Frisco ISD Focus Magazine May 2018 - Page 27

State funding has for decreased $795 per student Per Student State Funding Public Education $5,000 $4,226 $4,000 $3,431 $3,000 $2,000 $1,000 $- 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Source: Constant dollar per student funding and its change over time is based upon the State Aid per Average Daily Attendance found on Figure 169 in the LBB Fiscal Size Up Report 2016-17. The annual inflation value is applied to each of these figures to calculate the inflation adjusted change over time. TAXPAYERS SHOULD KNOW… State funding for education has decreased. Compared to 2017, state funding is $339 less per student than in 2008 and $795 less per student when adjusted for inflation. The state is using new property value growth and Robin Hood funds from local school property taxes to reduce its own contribution to education. The state’s share of funding education from all funds has decreased from 44.9 percent in 2008 to 38.4 percent in 2017, while local property tax dollars to fund public education have increased from 44.8 percent in 2008 to 55.1 percent in 2017. The portion of local school taxes that is used by the state to reduce its contribution to education for use in other parts of the state budget is not transparent to the taxpayer. Learn more at www.taxparencytexas.org. The state reduced its contribution to education by $900 million in 2014-15 and $1.4 billion in 2016-17 to fund state priorities outside of education. FOCUS | 27