Moak, Casey & Associates have updated the Cost Analysis for Texas Public Schools based on the most recent audited financial data available.  The report predicts that by 2007, real dollar population adjusted revenue for Texas public schools is projected to fall to roughly pre-1997 levels.  Table 6 shows a drop of $356 per student in General Fund expenditures when comparing 2003-04 costs to inflation adjusted 2001-02 costs. For a complete copy of the report including a supplement titled Tracking the Texas Education Dollar

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