Voters had a say in how McKinney ISD makes its clawback payments in the May 1 election. (Courtesy of Adobe stock)
With the results of the early poll, voters at McKinney ISD are so far giving the district the permission it needs to continue its method of collecting payments.
The ballot asks voters to authorize the district to purchase attendance credit from the state with local tax revenue. So far, 11,572 votes have been cast in favor of the measure, or 79.5%, and 2,992 votes have been cast against.
Due to a change in state law, MISD had to ask voters to approve the process it uses to make clawback payments to the state each year.
The clawback program, also known as Robin Hood, requires property-rich school districts to send a portion of their local tax revenue to the state to be redistributed to poor-owned districts. The goal, according to state officials, is an attempt to create financial equity between schools.
As of the 2014-2015 school year, MISD has provided more than $ 13.6 million in recovery payments by purchasing tuition credits from the Texas Education Agency. The revenues from these attendance credits are redistributed to other poor neighborhoods in ownership.
Every district in Texas that makes clawback payments uses this method, officials said. This election was scheduled for the general election in May 2020, but has been postponed until now due to the COVID-19 pandemic.
If voters approve Proposition A in the May 1 poll, the district will continue to make payments as it has for the past seven years.
If the voters say no, the district must do what is called a detachment of territory. This would permanently remove approximately $ 2.9 billion in land values ââfrom the district. Not only would the district lose tax revenue generated for maintenance and operations, but MISD would also lose tax revenue from its interest and sinking fund. MISD officials said this alternative method would cost the district more money.
Results are not official until they are solicited and certified by the county clerk. For the latest results on this race and others after the polls close, visit communityimpact.com/voter-guide/election-results.