Carroll ISD plans to purchase attendance credits to pay for its recapture bill this year. (Hannah Johnson/Community Impact)
The Carroll ISD board of trustees approved the purchase of average daily attendance credits for the district’s recapture payment to the state at its Nov. 14 meeting.
CISD's estimated recapture payment for the 2022-23 school year is $33.48 million, according to the budget adopted Aug. 29.
Based on data that is available to the district, CISD included $33.6 million in this year’s operating budget to purchase attendance credits from the state, according to a document provided by the district.
Recapture, which is now called revenue in excess of entitlement, is designed to redistribute property tax dollars from property-wealthy districts to those determined to be property poor by the Texas Education Agency. Districts can choose from five options to reduce their revenue: consolidating with another district, detaching district territory, purchasing average daily attendance credits, providing education to nonresident students and consolidating tax bases with another district, according to the Texas Education Code Sec. 49.002.
Reporter, Grapevine, Colleyville and Southlake & Keller, Roanoke and Northeast Fort Worth
Hannah Johnson joined Community Impact Newspaper in June 2022. Hannah currently covers Grapevine, Colleyville and Southlake. She holds a Bachelor of Arts in Journalism, Digital and Print from the University of North Texas and began her journalism career at the North Texas Daily. A fun fact about Hannah is she has previously broken both of her arms — both times from falling off monkey bars.