The creation of a poll tax and an ad valorem tax used to support education in 1869 which lead to property valuation tax system. I found this to be significant because it is similar to the Maintenance & Operation (M&O) tax rate currently used in school districts.
The Gilmer-Aiken Laws from 51st legislative section in 1949. This was an organized approach by the state to supplement local taxes in an attempt to adequately fund public education. I found this event to be important because it is still the bases for issues and discussion in school finance, the amount of money the state will provide local districts.
Edgewood v Kirby lawsuits/ Senate Bill 1 / “Robin Hood Plan” – Defined methods for property wealthy districts to distribute revenue. I found this event as significance because it still impacts local districts all across the state according to identification (per states guidelines) of a Chapter 41 or Chapter 42 district.
All of these were significant events in TX School Finance history. I would also include the current Texas constitution.
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