Spring Branch Board of Trustees are prepared to send lawmakers a message. The board will decide if they will give the superintendent the authority to not send the state a check for millions of dollars.
“We simply don’t have the money to give back to the state,” said Board Vice President Lisa Alpe. “We are tapped dry. We have given them all the money we have to give.”
For example, for every dollar collected through property taxes, currently, 21% goes straight to the state, according to Christine Porter, the district’s associate superintendent for finance.The district said its sent over $200 million in recapture payments in recent years. The district is property wealth, with more property value per student than the state formulas allow, the state does a calculation to recapture revenue more than what the state says the district is entitled.
“At some point, enough is enough,” Alpe said. “We don’t have the money to be able to make this recapture payment without decimating our district’s resources, which negatively affects our children.” “It’s a fairly routine item where each year we have to, the board of trustees, has to delegate the authority to our superintendent to make our annual recapture payment,” Alpe explained. “However, I expect that tonight we’re going to have a robust discussion about whether or not we’re going to do that or whether we’re going to tell the state to come and take it.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Freshman Zachariah Branch detonates in USC first-game win over San Jose StateThe highly-touted recruit put the sport on notice with a 96-yard touchdown return against San Jose State.
Read more »
Zachariah Branch shines in his college football debut, sparking USC to blowout winFreshman wide receiver Zachariah Branch finished with 232 all-purpose yards and two touchdowns to help lead USC to a season-opening 56-28 win over San José State.
Read more »
Freshman Branch's electric 2-TD debut lifts USCZachariah Branch had one of the most electric debuts in Trojans history, zooming his way to 232 all-purpose yards and two touchdowns on just nine touches in a 56-28 win over San Jose State.
Read more »
Singapore's OCBC bank suffers brief outage, shares gain 1%OCBC card, branch and ATM services were restored at 10.37 a.m.
Read more »
Retired judge leading Georgia's State Election Board resigns amid election fraud controversiesA retired federal judge who led Georgia's State Election Board is resigning from his role, as the panel dealt with claims of election fraud in the 2020 presidential vote.
Read more »