KBRA Releases Report “Texas Education Spending: Big Changes Coming?”

February 7, 2019

NEW YORK--(BUSINESS WIRE)--Feb 7, 2019--Kroll Bond Rating Agency (KBRA) releases a report on Texas public school aid funding, Texas Education Spending: Big Changes Coming? Despite rising enrollment, education funding growth at the state level has lagged overall increases in state spending. Local school districts are making up the difference through property taxes. With the Texas economy strong and revenues growing, KBRA identifies key factors that are driving potential changes to K-12 funding currently under consideration by state legislators.

To view the report, click .

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About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190207005207/en/

CONTACT: Analytical Contacts:Patricia McGuigan, Director

(646) 731-3350

pmcguigan@kbra.comWilliam Cox, Managing Director

(646) 731-2472

wcox@kbra.comPeter Giacone, Senior Director

(646) 731-2407

pgiacone@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK TEXAS

INDUSTRY KEYWORD: EDUCATION PRIMARY/SECONDARY PROFESSIONAL SERVICES FINANCE

SOURCE: Kroll Bond Rating Agency

PUB: 02/07/2019 08:00 AM/DISC: 02/07/2019 08:01 AM

http://www.businesswire.com/news/home/20190207005207/en