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Board approves $2.79 million attendance‑credit purchase to meet TEA recapture estimate
Summary
Trustees voted 5–2 to approve purchasing attendance credits after TEA estimated Keller ISD must reduce excess local revenue by $2,786,248; finance staff said the number may change when final certified values are released but recommended this common approach to recapture.
Finance staff explained the state's recapture calculation and presented options; the district recommended purchasing attendance credits as the most straightforward path. "TA has determined that, Keller ISD must reduce its excess local revenue level by, 2,786,248," a finance presenter said, noting the estimate is based on preliminary certified values and is subject to adjustment when final figures are released.
Trustees asked whether the amount is more or less than last year; staff replied it is about $700,000 less. Trustees discussed alternatives (withholding allotments or other statutory mechanisms) and the motion to purchase attendance credits passed by a 5–2 vote.
