House Public Education chairman Jimmie Don Aycock filed HB 654 today, which would make major changes to the current school finance system. HB 654 would create School Finance Districts (SFD), which would force
consolidation of districts for tax purposes only.
"Once the taxable wealth disparity is removed it becomes a simpler
matter to appropriate the Foundation School Program of which every
weighted student (WADA) gets exactly the same state dollars. This
assumes no hold harmless, no target revenue, no recapture, etc. All wealth disequity would be minimized to an allowable band," wrote