Texas House releases school finance reform plan Posted in: Opinions Capitol Update At the beginning of the year, Governor Abbott charged the Texas Legislature with making school finance reform a priority. Our current school finance system is broken. The system is not equitable, it fails to give adequate resources to our districts or competitive salaries to our teachers and support staff, and it is far too reliant on local property taxes. Last week, the Texas House released House Bill 3, a comprehensive plan to completely overhaul the school finance system. It addresses the major problems of our current system in several key ways. Most importantly, it directs a larger portion of state resources ...PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!