💰💸Plano ISD is using up to $250 million in “Robin Hood” dollars - money that normally gets sent to the state - to help fund a Dallas Stars arena via a TIRZ (a special zone that lets local governments capture and redirect tax growth from a redevelopment area instead of sending it to the state).
Texas’s broken school finance system forces property-rich districts like Plano ISD (and Galveston ISD) to send local tax growth away, then lets them keep it for projects like this. Our own kids still face budget cuts while these deals keep the money local for sports venues.
This is what a dysfunctional system looks like👎🏼
Plano ISD is a major Robin Hood (Chapter 49) district that sends large sums in recapture to the state yearly. Dedicating half its tax increment from the new Willow Bend TIRZ (capped at $250M over ~18 years) directs that growth to the local arena project instead of Austin. Officials say a recapture adjustment offsets the contribution so the dollars stay in Plano. Projections show $438M in benefits (mostly non-recaptured I&S from a larger tax base) for a net ~$188M gain, plus arena use for graduations and student programs.
Cook at home more. Cook to know what's in your food. Cook to slow down. Cook for the people you love. Cook to save money. Cook to eat real ingredients. Cook to break up with the food industry. Your kitchen is the most powerful pharmacy you have.
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The defense just confirmed in open court that the hold out juror is a man. It's one sane man against two simps and nine girlbosses. Hold the line, sir.
Happy 80th Birthday to Barry Gibb...🎂🎉
There’s a whole lot of music behind that 80 years. Barry wasn’t just part of the Bee Gees, he was an incredible songwriter who helped create some of the biggest songs of our time.
And yes, he co-wrote “Islands in the Stream” for Dolly Parton and Kenny Rogers. Pretty impressive
resume...🎶
Happy Birthday, Barry...❤️
Dolly was next to me at the microphone, and we were reminiscing about when we made Islands in the Stream, among other memories. She suddenly turned to me and said, “Where we are standing right now is where I wrote Jolene, and I Will Always Love You.”
@donaldrusso994 Agreed. Extremely poor taste returning to the exact location of Charlie’s murder for the one year memorial…... Jury tampering, possibly?🤔