Leander ISD estimates its first payment into state’s ‘Robin Hood’ system will top $35 million

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For the first time in its history, LeanderISD is set to pay into the state’s recapture system, commonly known as “Robin Hood.” The school district estimates its first payment will top $35 million. | kaileyehunt

She said the final amount will likely be determined in the spring, which Leander voters approved last election, allows the district to begin making those payments. Bode used an analogy to describe the process.

"You get a bill and you can write a check, but if you don't pass 'Proposition A,' then the state comes and looks in your purse to see what it can take out," she said."So 'Proposition A' allowed us to write the check.""There's part two, three and four of the recapture story that's still playing out," she said."The election was just about part one — how we pay it.

"Recapture is so complex and there’s so many different parts of how it impacts not only our taxpayers, but also, overall, Texas’ public education funding," she said.

 

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Robin Hood tax is a way for the state to leech off successful counties in Tx.

Where are the success stories of poor districts improving with their $$ from the fund? graft

How does it compare to what Austin ISD pays back to the state? RobinHood

The Governor thanks the taxpayers of Leander for this addition to the special fund. There should be an investigation to find out what this money is being used for.

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