Forney ISD must pay back state
FORNEY, Texas (AP) — A North Texas school district has overestimated its student population over several years and now must pay back $13.6 million in overfunding to the state.
The Dallas Morning News reports that Forney school officials met with officials of the Texas Education Agency on Monday. The district said in a statement that it will work closely with the TEA “to ensure that any overpayment is adjusted in a manner that will cause as little hardship as possible.”
The district will present a repayment plan to the education commissioner for money overpaid over four years, starting in 2007-08.
State funding of Texas school districts is based on average daily attendance.
Forney is 25 miles east of Dallas.
Posted by publisher
on Sep 24 2011. Filed under State news.
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