GCISD’s estimated recapture payment for the 2022-23 school year is $54.6 million, according to the budget adopted June 20.
Recapture, also known as Robin Hood, is a mandatory payment that property-wealthy districts, such as GCISD, must make to the state. The state then redistributes the money to districts with lower property wealth. The Texas Education Agency gives districts five options to reduce their revenue: consolidating with another district, detaching territory, purchasing average daily attendance credits, educating nonresident students and tax base consolidation, according to a document provided by the district.
During the meeting, Superintendent Robin Ryan said of the five options recommended by the TEA, the other four were not “workable” for the district. He said purchasing credits is “easier to manage.”
Over the last six school years, recapture payments for GCISD have increased from about $30 million to more than $50 million.
