- Annual Meeting
- Get Involved
FOUNDATION SCHOOL PROGRAM
FOUNDATION SCHOOL PROGRAM. The foundation school program was established by the Gilmer-Aikin Laws in 1949. The state distributes funds from the Available School Fund to local school districts through the two-tiered program. Tier One of the FSP provides funds to meet the costs of basic education programs that meet state accreditation standards. Tier Two provides schools with equal access to revenue for educational enrichment. Both tiers contain a state and local share, with the latter depending on the property wealth of each district. Under Tier One of FSP, additional funding is made available to school districts for special, vocational, compensatory, bilingual, and gifted and talented programs. In 1993 the state spent close to $7 billion on the public schools. This constituted roughly 48 percent of revenues generated for public schools. The remaining $7.1 billion came from local tax revenues.
BIBLIOGRAPHY:Legislative Budget Board, Fiscal Size-up of Texas State Services, 1992–1993 Biennium (Austin, 1993). Rae Files Still, The Gilmer-Aikin Bills (Austin: Steck, 1950).
Image Use Disclaimer
All copyrighted materials included within the Handbook of Texas Online are in accordance with Title 17 U.S.C. Section 107 related to Copyright and “Fair Use” for Non-Profit educational institutions, which permits the Texas State Historical Association (TSHA), to utilize copyrighted materials to further scholarship, education, and inform the public. The TSHA makes every effort to conform to the principles of fair use and to comply with copyright law.
For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml
If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
The following, adapted from the Chicago Manual of Style, 15th edition, is the preferred citation for this article.Handbook of Texas Online, Tracé Etienne-Gray, "FOUNDATION SCHOOL PROGRAM," accessed June 20, 2018, http://www.tshaonline.org/handbook/online/articles/khfcz.
Uploaded on June 12, 2010. Published by the Texas State Historical Association.