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How Much Will Rent Increase if Voters Approve Austin ISD Property Tax Boost?

How Much Will Rent Increase if Voters Approve Austin ISD Property Tax Boost?
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Finally, COVID Relief Funds Coming to Austin Schools

Austin ISD will soon receive hundreds of millions in COVID-19 relief funds from the federal government. The Texas Education Agency announced Tuesday, April 28, that it would finally be distributing $11.2 billion in federal funding for K-12 education relief to Texas schools, including a $155.6 million boost for AISD. This is part of the Elementary and Secondary School Emergency Relief ( ESSER) III portion of the latest of three federal coronavirus relief acts. About two-thirds of the funding, including $104 million for AISD, will be granted to districts soon. The final third, including around $52 million intended for Austin, must be held until the Department of Education approves Texas plan for its use, but should be available later this spring, according to a state press release.

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