Texas public schools are on the verge of garnering a record-breaking increase in state funding after the Senate approved a wide-ranging finance bill on Friday.
Gov. Greg Abbott has promised to sign the bill that will funnel an additional $8.5 billion to public schools over the next two years.
Several factors affect how much state money school districts receive per student — such as how many students are in special education or enrolled in career and technical education programs. The finance proposal, House Bill 2, created several new funding allotments.
The largest is $4.2 billion to increase teacher pay through retention raises.
The Education Lab
In larger school districts, teachers would get a $2,500 raise once they reach three years of experience and $5,000 at five years. Teachers in smaller…