While threatening to lay-off teachers, the Round Rock School District accidentally revealed it has nearly $200 million in its own rainy day fund. Even if we accept the formula established by the district for this fund, the district collected $31.5 million more than it needed. Perhaps the district is trying to prepare for its own looming debt crisis, which will peak in 2016.
Williamson County Conservative: Did Round Rock ISD Overcharge Taxpayers by $31 Million?
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