Historical+Events+of+Texas+School+Finance

3 Historical Events of Texas School Finance

1. 1876 establishment of the Permanent and Available School Funds

The Permanent and Available School Fund of 1876 was the first state fund named for the purpose of funding education. It was a deliberate attempt to maintain funds for the purpose of public education by the state.

2. 1949 Gilmer-Aiken Law to make public schools more efficient and better funded. 1st true organized approach to state supplementing local taxes in attempt to adequately fund public education.

The Gilmer-Aiken, 1949 attempted to give school districts an opportunity to supplement their local funds. Trying to ensure that all districts would have equitable opportunities to educate their children equitably.

3. 1984 Edgewood v. Kirby lawsuit which led to the Senate Bill 1 formation

This law suit still impacts school funding and local decisions to this date almost 30 years later. It has had a significant impact on school finance and how we conduct business based on revenues that have to be shared. or that will be received as a result of SB1.