Momentum Videos

Understanding School Finance

Part 1: Revenue Buckets

What makes understanding school finance so difficult? Funding formulas and tax structures are not homogeneous across the state. Each district has a unique situation. Learn more about state finance as it affects Midway ISD.

Part 2: Tax Rate & Property Values

This time, learn how to calculate your Midway tax rate and what it would cost to pay teachers more, pay for more teachers, or build additional schools.

Part 3: How Funds Are Spent

Want to know how Midway ISD spends $64 Million dollars per year? Watch this video to learn about Midway’s budget!

Part 4: Local vs State Funding

Did you know that if MISD collects more taxes locally, the State reduces its share?