State officials hashed out a nearly last-minute deal on school finance late yesterday. Today we're seeing the details of how the state will cut $4 billion from Texas public schools in the next two years.
Tarrant County area schools will lose $260 million over the next two years. Under the deal, the Fort Worth school district will lose nearly $40 million over the next two years. Arlington will lose almost $29 million. Click here for a complete list of district-by-district cuts.
Included in the deal are efforts to eliminate target revenue by 2018. The complex system was created during the 2006 overhaul of school finance that set different per-pupil funding levels for each school district. However, the deal also establishes a joint legislative committee to address school finance between now and the 2013 legislative session.
UPDATE: Here's the local district-by-district breakdown.
District name
Aledo $5,415,240
Arlington $28,944,047
Azle $5,265,993
Birdville $11,063,577
Burleson $7,345,677
Carroll $8,085,954
Castleberry $1,948,475
Crowley $9,076,757
Eagle Mountain-Saginaw $20,336,740
Everman $2,384,536
Fort Worth $39,188,679
Grapevine-Colleyville $13,504,670
Hurst-Euless-Bedford $22,630,622
Keller $28,949,003
Kennedale $1,693,966
Lake Worth $2,983,716
Mansfield $25,104,342
Northwest $22,496,680
White Settlement $4,252,858
Total $260,671,532

