From Dallas Express · Dallas Express · · 1m 10s
Texas Oil School Funding Tax Bill
Texas land commissioner links oil revenue to school funding and property taxes.
In brief
Texas land commissioner links oil revenue to school funding and property taxes. Texas Land Commissioner Dawn Buckingham explains how oil revenue supports schools and reduces property tax burdens for homeowners. Originally reported by Dallas Express.
Texas Land Commissioner Dawn Buckingham
Texas Land Commissioner Dawn Buckingham explains how oil revenue supports public schools and reduces property tax burdens for homeowners.
General Land Office Revenue
The General Land Office manages 13 million acres of state lands and leases oil, mineral and surface rights to generate revenue for the Permanent School Fund.
School Funding Link
Buckingham states the more the state delivers through resources, the less homeowners must pay through property taxes.
“The more the state can deliver, the less the homeowners have to deliver through their property taxes”
Border Security Efforts
Buckingham discusses integrating the General Land Office into border security and turning water from oil production into usable resources.
Texas Engine Initiative
Buckingham's Texas Engine initiative focuses on energy, natural resources, manufacturing, agriculture and conservation.
Future Goals
Buckingham aims to reduce Texas dependence on foreign countries for essential resources by standing on their own two feet.
“We want to stand on our own two feet”
At a glance
Texas Land Commissioner Dawn Buckingham explains how oil revenue supports schools and reduces property tax burdens for homeowners.
