Coronavirus pandemic hammers Texas school districts’ budgets

Coronavirus pandemic hammers Texas school districts’ budgets

School districts in Austin and across the country are bracing for budget shortfalls that could result in layoffs and program cuts amid the greater economic fallout of the coronavirus pandemic.Education leaders fear a drop in property values and tax collections, the primary local source of revenue for school districts, and state education funding as Texas sales taxes tumble and oil and gas prices plunge.Austin Superintendent Paul Cruz joined more than […]
Source: Statesman

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