| The Richardson High School Eagle Fund was established in 2004 by RHS parents who were concerned about the reduction in funding available to RISD as a result of the State of Texas recapturing property tax revenue and distributing it to other districts (also known as “Robin Hood”). The purpose of the fund is to maintain the tradition of academic excellence at Richardson High School by providing funds for critical programs and resources. The RHS Eagle Fund is a component fund of the RISD Excellence in Education Foundation and is a 501(c) (3) charitable organization. |
| Each year, RISD is mandated to send money back to the State of Texas as directed by the current “Robin Hood” system of school finance. District operating budgets are capped at 2005-6 spending levels with no allowance for inflation, merit increases for teachers or even extraordinary items such as rising energy costs. What exactly does this mean to RISD and RHS?
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Not enough money to...
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