LISD Official Remarks on School Finance - KCBD NewsChannel 11 Lubbock

6/21/05

LISD Official Remarks on School Finance

On Tuesday, Texas legislators started their fourth session in three years, tackling the state's troubled school finance system. NewsChannel 11 set out to find what's keeping legislators from reaching a compromise. We discussed the issue with Lubbock Independent School District's Assistant Superintendent of Finance, Art Martin. He says someone has to pay for reform and what's holding the legislature up is figuring out who.

Martin explains, "It's not just inflation, it's not just students coming into the system every year, it's all of it combined with an antiquated system of taxation that somehow has to be dealt with." Martin says the state relies too heavily on property taxes to fund school finance and, until that changes, the legislature will have a hard time fixing a failing system. Matin says, "It's not an equitable system of taxation and how do you do that? 43 states out of the union have income tax. It's a much fairer system of taxation but not politically acceptable yet in Texas."

Short of an income tax, Martin says there are other options. Lawmakers could raise sales taxes, get rid of a loophole that allows companies to incorporate out of state so they don't have to pay Texas' franchise tax, or start taxing sole proprietors like doctors and lawyers. He explains, "If you're someone who owns an apartment building or you own a business that requires you to own a lot of property taxable under the tax code, whether it made money or didn't, you still have a tax bill at the end of year. If you're a doctor or lawyer or stockbroker, if you're a consultant or sole proprietor and can make money without owning a lot of property, then you're getting to escape supporting public education."

Martin says legislators need to come up with a solution by the end of this special session, otherwise there won't be time to put something in place by the beginning of the school year. Lawmakers are facing another deadline too, that's July 6th when the state supreme court will hear arguments over the constitutionality of the current "Robin Hood" funding system.

6/21/05
LISD to Meet to Discuss Vacated Board Position
NewsChannel 11 has the list of name of those people interested in the vacated school board position.

Gov. Perry Proposes Historic Education Funding, Record Property Tax Relief
On Tuesday Gov. Rick Perry unveiled his plan to improve education by increasing school funding while alleviating the tax burden on local property taxpayers.

  • Local News on KCBD.comNewsMore>>

  • 5 dead after tornado, flooding from central US storms

    5 dead after tornado, flooding from central US storms

    Sunday, February 25 2018 2:25 AM EST2018-02-25 07:25:46 GMT
    Sunday, February 25 2018 8:18 PM EST2018-02-26 01:18:22 GMT
    (Liz Dufour/The Cincinnati Enquirer via AP). A view from the Central Bridge shows the flooding from the Ohio River  Saturday, Feb. 24, 2018 in Cincinnati.  Forecasters expected the Ohio River could reach levels not seen since the region's deadly 1997 f...(Liz Dufour/The Cincinnati Enquirer via AP). A view from the Central Bridge shows the flooding from the Ohio River Saturday, Feb. 24, 2018 in Cincinnati. Forecasters expected the Ohio River could reach levels not seen since the region's deadly 1997 f...

    A man in northeast Arkansas and a woman in south central Kentucky both were killed as the storm that also included strong winds, hail and heavy rain that triggered flooding muscled its way through the area, according to authorities.

    A man in northeast Arkansas and a woman in south central Kentucky both were killed as the storm that also included strong winds, hail and heavy rain that triggered flooding muscled its way through the area, according to authorities.

  • Political end to Olympics: NKorea offers talks with US

    Political end to Olympics: NKorea offers talks with US

    Sunday, February 25 2018 2:16 AM EST2018-02-25 07:16:08 GMT
    Sunday, February 25 2018 8:06 PM EST2018-02-26 01:06:59 GMT
    (AP Photo/Patrick Semansky). A volunteer walks in a foggy Pyeongchang Olympic Plaza during the 2018 Winter Olympics in Pyeongchang, South Korea, Saturday, Feb. 24, 2018.(AP Photo/Patrick Semansky). A volunteer walks in a foggy Pyeongchang Olympic Plaza during the 2018 Winter Olympics in Pyeongchang, South Korea, Saturday, Feb. 24, 2018.

    Pyeongchang closes its chapter of the modern Olympics on Sunday night with tales of detente and competitive grit and volunteerism and verve.

    Pyeongchang closes its chapter of the modern Olympics on Sunday night with tales of detente and competitive grit and volunteerism and verve.

  • China paves way for Xi Jinping to remain leader for years

    China paves way for Xi Jinping to remain leader for years

    Sunday, February 25 2018 4:05 AM EST2018-02-25 09:05:47 GMT
    Sunday, February 25 2018 7:48 PM EST2018-02-26 00:48:52 GMT
    Chinese President Xi Jinping speaks during a joint press briefing with French President Emmanuel Macron, at the Great Hall of the People in Beijing, Tuesday, Jan. 9, 2018. (AP Photo/Mark Schiefelbein, Pool)Chinese President Xi Jinping speaks during a joint press briefing with French President Emmanuel Macron, at the Great Hall of the People in Beijing, Tuesday, Jan. 9, 2018. (AP Photo/Mark Schiefelbein, Pool)

    China's official news agency says the ruling Communist Party has proposed removing a limit of two consecutive terms for the country's president and vice president.

    China's official news agency says the ruling Communist Party has proposed removing a limit of two consecutive terms for the country's president and vice president.

Powered by Frankly