In a recent article released by
Austin American Statesman from the editorial section, titled “End historic taxbreaks that are diverting money from public schools” tells how if you own what
is considered an “historic” home you receive tax breaks that effect AISD K-12
education. Under current laws homeowners of the historic homes since 1979 have
received tax breaks totaling over 9 million dollars in lost revenue to AISD.
The intent of this article is to
inform the public of these tax breaks that these homeowners receive each year,
while their intended audience is tax payers who are for or against the removal
of these tax breaks. The author’s claim is that, AISD is loosing money each
year that could be put to good use; “the money is needed in classrooms to improve
student performance or teacher quality.” It is estimated that each year 1.8
million dollars is lost in revenue due to this tax break, although, of this 1.8
million AISD only receives 300,000 dollars, the rest goes to the state. AISD
superintendent states that she is in support of the laws staying the same due
to the fact that in retrospect the funds are so small compared to their budget.
The opposing argument is that any amount of money helps. With extreme cuts to
the budget made in 2011 everything counts. I agree that everything counts and
adds up to something. I don’t think it is fair that just because you own an
“historic” home you should be given special treatment. I think everyone should
have to pay his or her fair share. The editorial section is a credible source
for information. Many austenite’s trust the Austin American Statesman for their
daily news.