SCHOOL FINANCE. Speaker Straus Statements on HB 21. 6 Points.
- More Money. HB 21 provides “more than $1.8 billion in additional funding for public education”
- More money across the board. “more than 95% of school districts and almost every charter school would receive more dollars per-student”
- Modern Calculations. “modernize the formulas”
- Local dollars stay local. allows “more taxpayer dollars to stay in their local schools”
- Less reliance on property taxes. “begin to reduce our over-reliance on local property taxes.”
- Less Robinhood. Reduces Robinhood payments by almost $400 million over 2 years
Joe Straus | Newsletter: House Approves Key Education Bill