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Prosper ISD to use student-growth attendance-credit option to satisfy recapture obligations
Summary
The board approved an agreement to purchase attendance credit (Option 3) from the Texas Education Agency framework to address recapture tied to enrollment growth; administration said the option is commonly used by fast-growing districts.
The Prosper ISD board on Aug. 25 approved an agreement to purchase attendance credit under "Option 3," a Texas Education Agency-recognized method that allows districts to use documented student growth to offset state recapture obligations.
Dr. Ferguson, the district superintendent, explained the option and the rationale: "Option 3 is actually student growth, which is what we have utilized for several years now because of our immense growth," she said. The board voted to delegate contractual authority to the superintendent to execute the agreement.
Formal outcome: the motion to approve the attendance-credit Option 3 agreement and to delegate contractual authority to the superintendent passed unanimously. Trustee Garrett Linker moved the motion; Trustee Tommy Van Wolf seconded.
Why it matters: administrators said the Texas Education Agency requires districts to select a method for addressing recapture liabilities; fast-growth districts like Prosper ISD typically use student-growth agreements to account for increases in average daily attendance rather than property or asset sales.
Next steps: administration will finalize the contract and file required documentation with the appropriate state agency.
