The Texas Permanent School Fund (Fund) and its managers, the State Board of Education (Board), have become the focus of much critical attention over the past decade. Forever seeking greater sources of funding, the Texas Legislature has attempted to exercise greater control over the Fund to meet the State’s short-term needs for revenue. On the other hand, the Board has sought to accommodate the legislature while fulfilling its duty of protecting and growing a permanent, perpetual endowment fund.
Getting the Numbers Right on Public Education Spending
Competition is a part of the American spirit and inseparable from Texas culture. Few things are more enjoyable than watching the two opposing sides battle it out to beat the other. No other time of year captures the spirit of competition better than fall. Between football and the Major League Baseball playoffs, seemingly every day...