Kroll Bond Rating Agency (KBRA) releases a report on Texas public school aid funding, Texas Education Spending: Big Changes Coming? Despite rising enrollment, education funding growth at the state level has lagged overall increases in state spending. Local school districts are making up the difference through property taxes. With the Texas economy strong and revenues growing, KBRA identifies key factors that are driving potential changes to K-12 funding currently under consideration by state legislators.
To view the report, click here.
Recent Publications: (available at www.kbra.com)
- Texas Revenue Estimates Show Continued Growth
- The Big Shift: Did Public Pension Bets Pay Off?
- The Strong Case for Double-Barreled State GO Bonds
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About KBRA and KBRA Europe
KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
Patricia McGuigan, Director
William Cox, Managing Director
Peter Giacone, Senior Director