FINANCIAL IMPACT

Public schools in Texas operate on two separate budgets:

1 ) Maintenance & Operations (M&O), used for daily operations such as utilities and teachers’ salaries.

2) Interest& Sinking (I&S), which pays for capital debt, new construction, and renovations.

In order to fund the I&S budget, our schools rely on the support of local tax payers to finance the design, construction, expansion and renovation of facilities.

The last investment in our schools was 10 years ago!