Texas Senate Passes $5-Billion Finance-Reform Bill

M. N.
March 1990
Education Week;3/28/1990, Vol. 9 Issue 27, p11
The article reports on the approval of the Texas Senate with a five billion dollars plan to reform the state's school-finance system. The reform bill has called for 1.3 billion dollars in new money in its first year of implementation. It has raised the basic student allotment from 1,477 dollars to 1,910 dollars at a local property tax of 54 cents per 100 dollars valuation.


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