2024 General Fund Budget Development
FY2024 Budget Development has begun! Austin ISD will continue to compile and share information on data impacting the budget development for the upcoming year and priorities received from our community, committees & Board of Trustees.
Check out Austin ISD’s FY2024 Budget Community/Committee Engagement Schedule to participate and converse in the budget development.
Click to expand sections below
Current Community/Board Feedback received for Budget Priorities
- Child Care
- Essential Areas Analysis
- LRP & Equity Audit
- Mental Health
- Multilingual Education
- Professional Development
- Research & Evaluation Team/Ombudsman
- Safety and Security
- Special Education
- Teacher/Staff Compensation
- Teacher/Staff Morale
- Title 1 Funding
- Visual & Performing Arts
As we work to develop our next budget plan, what are the areas of spending do you feel should be prioritized to better support success for all students?
Share: Please complete the 7 question survey and share your thought(s) with the Austin ISD community via
Note there are 3 steps: Share Step, where you get to share your thoughts independently and anonymously; Star Step, where you rate the thoughts of others; and Discover Step, where we all get to see what’s most important to the group.
Passed by the 86th Texas Legislature in 2019, House Bill (HB) 3 made substantial changes to the Austin ISD's Chapter 49 (previously Chapter 41) recapture payment. House Bill 3 amended the Education Code to transfer certain sections from Chapter 41 to Chapter 49, and revised formulas used to determine excess local revenue under the FSP by adding Subchapter F, Chapter 48, Education Code, Section 48.257, Local Revenue in Excess of Entitlement. Texas Education Code, Chapter 49, provision recaptures local tax dollars from property-rich districts and redistributes the funds to property-poor districts; often referred to as “share the wealth” or “Robin Hood” plan.
Austin ISD is considered a property-rich school district. In FY2022, nearly 53 percent of all local revenue collected from property taxes is estimated to be subject to recapture; FY2023 budget includes an estimate that 54.5 percent of all local tax revenue will be subjected to recapture. In FY2022, Austin ISD anticipates the district will submit $761.3 million to the state in recapture funds. From FY2001 to FY2022, Austin ISD will have paid the state of Texas close to $6.0 billion in recapture payments.
Figure 1: In FY2023 Adopted Budget, Austin ISD’s estimate recapture payment is $845.9, with a conservative assumption that enrollment will remain flat against the October 2021 PEIMS Student Snapshot. The payment will be half of the District’s Adopted Expenditure budget of $1.68 billion.
FY2023 General Fund Adopted Expenditures - Breakdown of Each Dollar
The FY2023 Adopted General Fund expenditure budget estimates that 50.3 percent will comprise the district’s (Chapter 49) Recapture payment. When looking at the General Fund and excluding recapture, Salary Related expenses are at 86.7 percent of the fund. Professional and Contracted Services are at 8.0 percent; Supplies and Materials make up 3.7 percent; and Other Operating Costs come in at 1.7 percent of the General Fund budget.
FY2023 General Fund Adopted Expenditures including/excluding Recapture
In FY2023, Austin ISD's projected recapture payment is $886.6 million, amounting to 56 percent of the district’s projected tax collections. This reflects a nearly a 250 percent increase in recapture when compared to payment made in FY2016.
Austin ISD’s Recapture & Enrollment Comparison Over Years
In FY2022, Austin ISD paid $578.6 million more in Recapture Payments than the second highest Texas School District. Austin ISD continues to be the largest payer into the state finance system under current law.
Top 5 Texas District’s (Chapter 49) Recapture Payments
Source: FSP 2021-2022 Recapture District Payment Ledger & FY2023 Adopted Budget via District website
- District Priorities in the 88th Legislative Session
- District Priorities for the FY2024 Budget (content in development)