In the proposed budget for next school year, AISD included a $798 million recapture payment — more than half the entire budget.
Austin ISD pays millions into the state's recapture program each year. The money goes to school districts in areas with less property wealth.
But Travis County told AISD this week that property values were appraised much higher than the district anticipated. The Round Rock Independent School District, for example, has not had to pay into recapture the last couple of years. It estimates it will send back $40 million to the state next school year and around $70 million the year after that.
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