Committee recommends roughly $1.81 billion PSF transfer; TEA presents preliminary per‑capita apportionment rate

At a meeting of the State Board of Education’s Permanent School Fund Committee, staff presented a preliminary per‑capita apportionment rate for the 2025–26 school year and the committee recommended that the full board proceed with a previously approved transfer of approximately $1,810,000,000 from the Permanent School Fund (PSF) to the Available School Fund (ASF).

Sarah Khan, director of state funding, forecasting and fiscal analysis at the Texas Education Agency, told the committee the figure presented is a preliminary per‑capita apportionment rate for the 2025–26 school year and noted that a final rate will be established later in the school year by the commissioner of education. "This is the preliminary rate," Khan said, and she described the apportionment as the portion of state aid paid from the Available School Fund versus the Foundation School Fund and that the calculation uses estimates of funds available for expenditure…