I’m sure most of us as parents and citizens in the Grapevine-Colleyville ISD are aware that our great state of Texas no longer funds its school districts under the “Robin Hood” plan. This is good, right? WRONG!
The state’s current finance plan (House Bill 1) affects GCISD and our children even more negatively than before.
House Bill 1 created a “target revenue” system of finance throughout the state. “Target revenue” is the amount of money pre student the state allocates to each district.This system created by House Bill 1 (HB1) has resulted in drastic and irrational differences in the amount of money pre student districts across the state receive.
GCISD’s target revenue is $5270 per student. There are districts in other parts of the state that receive over $12,000 per student!
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