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Memo from TEA: 2019-2020 Summary of Finances (SOF) Report
You are receiving this information because you are subscribed to Public School Funding Updates for Texas Education Agency.
Please do not reply to this message. This is a broadcast email sent to all Foundation School Program (FSP) State Funding bulletin members.
The summary of finances (SOF) report for 2019-2020 located on the School District State Aid Reports webpage is based on current/old law. Given the magnitude of changes prescribed by HB3, it will be several months before the agency can put up a new report with all the new data fields and allotments. The foundation school fund allotment will be updated prior to the first payment in September, even if the SOF report is still being updated.
Stay tuned for more information on the release of the TEA’s state aid template that should be posted well in advance of the SOF report being updated for FY2020. Ultimately the summary of finances is the “final answer” on school finance formulas.
Additional correspondence on a variety of school finance topics is forthcoming as we work through the implementation of HB3.
For all other state funding matters, please contact a state funding consultant at (512) 463-9238 or [email protected].
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TexasISD.com was the brainchild of Joe F. Smith. Joe retired early from a successful career as Superintendent of Schools for Hudson ISD, deep in the Piney Woods of East Texas. Due to a long battle with Post-Polio Syndrome the doctor made him hang it up and rest for six months. Never being the kind of person to sit still and also not being the person to listen to his doctor, Joe logged lengthy sessions in front of his PC researching school issues, reading papers and corresponding with his friends and colleagues in the education business.
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The Summary of Finances (SOF) is a state aid report produced by the Texas Education Agency for each school district and charter school. It describes the district's or school's funding elements and Foundation School Program (FSP) state aid. The report includes information on: the number of students in average daily attendance (ADA) and ...
A near-final Summary of Finances (SOF) report for the 2019-2020 school year is now available at the Texas Education Agency (TEA) School District State Aid Reports web page. This SOF report includes changes to funding formulas authorized with the passage of House Bill (HB) 3, Senate Bill (SB) 4, and SB 11, 86th Texas Legislature, 2019.
TO THE ADMINISTRATOR ADDRESSED: A new preliminary Summary of Finances (SOF) report for the 2019-2020 school year is now available at the Texas Education Agency (TEA) School District State Aid Reports web page. This letter explains the changes to funding formulas authorized with the passage of House Bill (HB) 3, Senate Bill (SB) 4 and SB 11, 86th Texas Legislature, 2019, Regular Session, and ...
Preliminary Summary of Finances (SOF) report for the 2018-2019 school year is available at the Texas Education Agency (TEA) School District State Aid Reports web page. This letter explains the changes to funding formulas authorized with the passage of Senate Bill 1, House Bill 21, House Bill 1081, Senate Bill 1882 and Senate Bill 195, 85th ...
A near-final Summary of Finances (SOF) report for the 2018-2019 school year is available at the Texas Education Agency (TEA) School District State Aid Reports web page. The reports reflect the following important updates and information available at the time of publication (items with an asterisk [*] do not apply to charter schools):
A Preliminary Summary of Finances ( SOF) report for the 2018-2019 school year is available at the Texas Education Agency (TEA) School District State Aid Reports web page. This letter explains the changes to funding formulas authorized with the passage of Senate Bill 1, House Bill 21, House Bill 1081, Senate Bill 1882 and Senate Bill 195, 85th ...
School District State Aid Reports. This page is designed to allow users to view/print school districts' Summary of Finances or other state aid-related reports. The following caution is advised: Reports generated through this page are current as of the date that appears within the text of the report. District administrators are advised to visit ...
2007-2008 Current Summary of Finance . 2007-2008 Final Summary of Finance . 2007-2008 Near Final Summary Of Finances . 2006-2007 Current Summary Of Finances . ... Texas Education Agency 1701 N. Congress Avenue Austin, Texas, 78701 (512) 463-9734 Map | Site Policies | TEA Jobs. Complaints Fraud Hotline
Summary of Base Request by Method of Finance ... Our focus at the Texas Education Agency (TEA or Agency) is to improve outcomes for all students, so that we maximize the potential of every child, and so that every child leaving our public school system is prepared for a life of purpose and productivity in our republic. For the past four years ...
For a brief overview of the 2021-2022 Financial Budget Report click on About Budget 2022. If you know your CDN enter it here: Or choose a District from the dropdown box below ; State Total (All Districts) A W Brown Leadership Academy (Dallas) A+ Academy (Dallas) A+ Unlimited Potential (Houston) Abbott ISD (Abbott) Abernathy ISD (Abernathy ...
Texas Education Agency Office of School Finance 1 ... Summary of Finances ... Texas Education Agency Office of School Finance 5 . What Is Tier One? Tier One of the FSP is made up of several allotments, including those for regular basic education, special education (SPED), dyslexia, compensatory education, bilingual education (including dual ...
Ultimately the summary of finances is the "final answer" on school finance formulas. Additional correspondence on a variety of school finance topics is forthcoming as we work through the implementation of HB3. For all other state funding matters, please contact a state funding consultant at (512) 463-9238 or [email protected].
2018 Bi-partisan Texas Commission on Public School Finance Twelve Months, 90 Hours of Testimony, Unanimous Recommendations. Outcomes. ... Texas Education Agency: - 2016-2017 Accountability System - 4 year Federal Graduation Rate; (6) ... Executive Summary. Greater. Equity. Overall. Overall. 11 Improve Early Literacy ($1.4bn) Increase Post
An Introduction to School Finance in Texas
Template for Estimating State Aid. This Excel template is designed to help develop annual budgets, monitor over/under state aid payments during the year, and for long-range planning, as it typically gives users the ability to project state aid for at least four subsequent school years. Developed and maintained by Omar Garcia of BOK Financial ...
The Texas Education Agency evaluates public schools and districts under state accountability requirements. In this section, you will find information about a district's accreditation status, financial accountability and state accountability ratings and standards. TEA accredits public schools in Texas at the district level for grades K-12.
The Federal Fiscal Compliance and Reporting Division ensures that the agency is in compliance with the following reporting requirements for recipients of federal funds. FFATA requires the agency to collect and report specific information related to federal subawards issued to local educational agencies (LEAs). This information is then published ...
Texas Schools. General Information. This page is for parents who are looking for information about Texas schools or need to enroll their child, educators searching for employment in Texas schools, and members of the public who want to locate or contact a school district or learn more about school accountability, enrollment, and performance.