Why Chapter 41 Districts Use Bonds to Keep More Money Local
Now that we’ve talked about what a Chapter 41 (recapture) school district is, I want to explain something most people don’t realize: 👉 For Chapter 41 districts like Leon ISD, passing a school bond is one of the only ways to keep more local tax money here at home instead of sending it back through the state system. If you haven’t read the Chapter 41 explainer yet, start here: What Is a Texas Chapter 41 School District? This sounds backwards, so here’s the simple version. ...