Wealthy Texas districts struggle under Robin Hood finance formula
Officials in affluent school districts say the share-the-wealth school funding formula in Texas has unfairly penalized districts that must trim services and raise taxes to help other school systems that in some cases aren't in financial straits.
RELATED STORIES: Four property-rich Texas districts have filed a lawsuit challenging the constitutionality of the state's "Robin Hood" school finance law. The districts are among many property-wealthy Texas school systems that are required to share some of their local property-tax revenues with property-poor districts.(Houston Chronicle--free registation required)...Earlier, taxpayers in the Dallas and Highland Park, Texas, school districts filed a similar suit to challenge the law. (Dallas Morning News)