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You are receiving this information because you are subscribed to Public School Funding Updates for the Texas Education Agency (TEA).
Please do not reply to this message. This is a broadcast email sent to all Foundation School Program (FSP) State Funding bulletin members.
The school year (SY) 2024-2025 near-final (NF) Summary of Finances (SOF) reports now incorporate:
- Average Daily Attendance (ADA) and full-time equivalents (FTEs) from the PEIMS summer submission, including Pre-K ADA
- Final tax year (TY) 2024 certified district property values (DPV), pending petitions filed under Government Code Section 403.303, from the Comptroller’s School District Property Value Study
- Tax collections from the Tax Information Survey module within the FSP system
- Special Education non-public contracts FTEs
- Various Allotments:
- School Safety Allotment (a file containing the ADA and campus allotments, as well as eligible (and ineligible) campuses, will be posted on the TEA State Funding Reports and Data webpage)
- Transportation data from the Route Services Reports
- Teacher Incentive Allotment
- Mentor Program Allotment
- CCMR Outcomes Bonus (OB) (for additional resources, see the Final 2023 Annual Graduates CCMR OB Counts by District on the TEA Performance Reporting Resources webpage)
- Tuition Allotment for districts not offering all grade levels
- Rural Pathway Excellence Partnership (R-PEP) Allotment and OB
- Additional State Aid for Adjustment of Limitation on Tax Increases on Homestead of Elderly or Disabled (TEC 48.2542)
- Public Education Grant
Note: While we have incorporated the major elements/sources into the SY 2024-2025 NF SOF reports, there are still some pending calculations. We will continue to update the SY 2024-2025 NF SOF reports until all pending adjustments are complete. Additional updates include:
- SB 1882 Campus ADA and SB 2117 Campus Program ADA Updates (TEC 48.252)
- Additional Days School Year (ADSY) ADA from PEIMS extended year submission
- Additional State Aid for state-approved instructional materials
- IFA, EDA, and ASAHE for Facilities
School year 2024-2025 College Preparation Assessment Reimbursements and Certification Exam Reimbursements will be updated in April 2026 during final settle-up once all student assessment and certification exam data is processed. In addition, final settle-up for the New Instructional Facility Allotment (NIFA), based on the days of instruction survey, will occur in April 2026.
The TEA Summary of Finance webpage contains a helpful resource for the SOF reports that provides information about the various data elements, sources, and timelines used in these reports.
The school year 2025-2026 preliminary Summary of Finances (SOF) reports now incorporate:
- ADA and FTEs based on attendance projections adopted in the General Appropriations Act for the 2026-2027 Biennium
- For charter schools, the September SOF reports reflect charter estimates from the FSP system, if submitted, or prior year estimates from June/July.
- DPV, Tax Rates, and Collections––estimated TY 2025 state certified property values, maximum compressed tax rates (MCRs) and tax rates, and tax collections
- Certain DPV values and M&O collections have been adjusted to estimate the impact of SB 4 and SB 23
- Updated district payment classes (based on estimated TY2025 DPV)
- Various allotments, either based on the prior year or updated with new estimates, including:
- Teacher Incentive Allotment
- Mentor Program Allotment
- College Preparation Assessment Reimbursements
- Certification Exam Reimbursements
- Transportation Allotment
- Tuition Allotment
- Additional State Aid for Adjustment of Limitation on Tax Increases on Homestead of Elderly or Disabled (TEC 48.2542)
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Districts eligible for the Fast Growth Allotment
- Tier Two golden penny yield of $129.52 and increased Tier Two copper penny yield of $49.72
- Preliminary per capita rate of $471.139 for Available School Fund funding amounts
- HB 2 implementation, including:
- Basic Allotment increased by the Guaranteed Yield Increment Adjustment to $6,215
- Small and Mid-Sized District Allotment increased funding multipliers
- Increases to P-TECH Allotment from $50 to $150
- Increase to the Early Education Allotment based on total ADA in grades K-3
- Adjustment in funding approach to full-day prekindergarten for 4-year-olds from the Early Education Allotment
- CCMR OB increases to $4,000 for students who receive special education services
- Teacher Retention Allotment
- Support Staff Retention Allotment
- Special Education Full Initial and Individual Evaluations at $1,000 per student
- School Safety Allotment, based on $21.10 per ADA and 33,540 per campus
- Allotment for Basic Costs at $106 per enrolled student
- Charter school facilities funding formula changes
- Additional state aid for regional insurance provided for first-tier coastal counties or areas designated as catastrophe areas in 2024
- Regional Day School Programs for the Deaf (RDSPD)
Please note that TEA is still working on implementing the latest M&O and I&S Additional State Aid for Homestead Exemption (ASAHE), resulting from SB 4 and SB 23. Districts can expect to see the ASAHE updates in SY 2025-2026 SOF reports later in 2025.
Facilities allotment calculations will also be forthcoming to incorporate debt service through 8/31/2025 and estimated ASAHE for Facilities Funding calculations.
The next major SY 2025-2026 SOF updates will occur in February 2026 when TEA receives preliminary TY2025 property values and self-reported tax rates from the Comptroller’s Property Tax Assistance Division. At that time, the preliminary SY 2025-2026 SOF reports will also incorporate final TY2025 MCRs and fall PEIMS budgeted tax collections.
If you have any questions related to the SY 2024-2025 or SY 2025-2026 SOF reports, please contact the Division of State Funding, Forecasting and Fiscal Analysis by phone at (512) 463-9238 or email sfinance@tea.texas.gov.
To support the implementation of HB 2, the agency has launched the TEA 89th Legislature Updates webpage specifically designed to communicate relevant information about the implementation of bills from the 89th Legislature. Given the comprehensive nature of HB 2, along with other changes made by legislation adopted during the 89th Legislature, this page will be updated periodically with more information.
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