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The Texas Permanent School Fund is a sovereign wealth fund which serves to provide revenues for funding of public primary and secondary education in the US state of Texas. [2] Its assets include many publicly owned lands within Texas and various other investments; as of the end of fiscal 2020 (August 31), the fund had an endowment of $48.3 ...
The General Land Office's main role is to manage Texas's publicly owned lands, by negotiating and enforcing leases for the use of the land, and sometimes by making sales of public lands. Royalties and proceeds from land sales are added to the state's Permanent School Fund , which helps to fund public education within the state. [ 2 ]
The beneficiaries of state trust land vary from state to state depending upon the purposes for which the lands were granted. In all states, the most significant beneficiary of trust lands is public K-12 education or common schools. However, in many states, lands are also held in trust for other beneficiaries, which usually include state ...
The Permanent University Fund was established by the 1876 Constitution of the State of Texas. [2] Initially, its assets included one-tenth of University of Texas at Austin lands bordering the railroads (UT Austin was granted 1 million acres (4,000 km 2) in West Texas as compensation) as well as 1 million acres (4,000 km 2) additional. [3]
A land-grant university (also called land-grant college or land-grant institution) is an institution of higher education in the United States designated by a state to receive the benefits of the Morrill Acts of 1862 and 1890, [8] or a beneficiary under the Equity in Educational Land-Grant Status Act of 1994. [9]
The second president of the Republic of Texas, Mirabeau B. Lamar, is the Father of Texas Education. During his term, the state set aside three leagues in each county for public schools. An additional 50 leagues of land set aside for the support of two universities would later become the basis of the state's Permanent University Fund . [ 367 ]
The museum is open Tuesday through Friday, 9 A.M. to 1 P.M., and otherwise by appointment. It is located at 111 S. Kaufman Street. Call 903-537-9300 for information and appointments for tours or visit FCHA. Admission is free. Ask for a free map of historic homes and an annotated driving-tour guide for the town. 1894 Cotton Belt Railroad Depot
The Robin Hood Plan is a colloquialism given to a provision of Texas Senate Bill 7 (73rd Texas Legislature) (the provision is officially referred to as "recapture"), originally enacted by the U.S. state of Texas in 1993 (and revised frequently since then) to provide equity of school financing within all school districts in the state of Texas.