Texas public schools are facing tight budgets. Could a new endowment be a solution?

By Milla Surjadi, The Dallas Morning News

DALLAS — As Texas public schools grapple with stretched finances, an advocacy group is calling on state lawmakers to create an education endowment to establish a long-term funding strategy for schools.

State leaders have approached schools’ financial challenges with “temporary fixes,” said Raise Your Hand Texas, a public education advocacy nonprofit. Public school funding, which occurs on a two-year budget cycle, needs new long-term revenue sources and increased investments, the group says.

“We believe it’s time for the state to think creatively and boldly about how we can begin to more competitively fund our public schools and to do this in a way that truly has a long-term vision and strategy that isn’t subject to the political climate and give