Biedermann files bill to change state's Robin Hood school finance formula
AUSTIN – District 73 State Representative Kyle Biedermann, of Fredericksburg, on Thursday filed House Bill 729 to help schools negatively affected by the state’s recapture formula, also known as the “Robin Hood” school finance system.
Biedermann formed a working group with local public school districts during the interim to formulate legislation to improve schools. HB729 is a result of that working group and will limit recapture, allowing property wealthy districts to keep at least the state average per student.
Property wealthy districts send a large portion of their total budgets, generated largely by local property taxes, to the state for recapture and end up with less than the state average of funding per student after recapture.
This inequity hurts many districts throughout the state, Biedermann said.
“It is important to bring more equity and fairness to public school finance,” Biedermann said. “We must focus on solutions that keep more local dollars in the district where they originate, while also sharing with districts that have less taxable value. I’ve been working with school districts in my community, and I’m proud to have so many of them supporting this legislation.”
“Their ideas created this bill, and I want to congratulate them on their hard work,” he added.
This bill is a direct result of information provided by Superintendents Andrew Kim, of Comal ISD, Dr. Price, of Boerne ISD, and Dr. Jeffrey Brasher, of Fredericksburg ISD, along with the expertise of those districts’ finance teams and school boards.
Rep. Biedermann was sworn in on Tuesday for his second term in the Texas Legislature.