aTmAg said:
Take the current education budget per year, divide it by the number of school age kids, then mail a check to each school for that amount multiplied by the number of students they have enrolled.
The math is not that hard. I don't understand the confusion.
Because the allotment per child is a fraction of the money each school district spends on facilities and (mostly) payroll. Think of it like this: Every ISD has a $1 million per month operational cost that has to be paid regardless of the number of students. The allotments add another $250k monthly. If a kid takes a $10,500 voucher to attend Catholic school, the school district still has a $1 million monthly operational cost and the $250k is reduced only by $6300. Net expense to the taxpayer: $4,000.
In real numbers, the last voucher proposal stated that in the 4th year of the voucher program, the cost to the taxpayer would be NET $2.1 billion after cutting the public schools only $350 million.
I don't think any legislation can make vouchers revenue neutral. It's going to be expensive.
But! Abbott claimed on the campaign trail that following a massive $35 billion surplus to the state budget last session, Comptroller Glenn Hager estimates the next session will have a $20 billion surplus. All of that could go to property tax relief but the "conservative" approach is to instead spend it on vouchers.
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