The Texas Senate Bill 2 of 2025 (SB2) established an Education Savings Account (ESA) program that will provide public funds to eligible families to offset private education costs (i.e., vouchers). This is the first time Texas has allocated public funds in this manner, marking a new policy direction with the potential to shift enrollment away from public schools over time. With public school funding allocated primarily on a per pupil basis, this shift will reduce public school funding and could result in budgetary pressure for districts across the state as the program ramps up.
Key Takeaways
- The voucher program will provide around $10,000 annually for each eligible student toward private K-12 education and higher amounts for students with disabilities. Assuming $1 billion in expenditures for the program in the 2026-27 school year (SY)1 and a simple $10,000 allotment per student, the program would support around 100,000 students, which is…