DALLAS -- Travis County District Judge F. Scott McCown yesterday upheld Texas's controversial wealth-sharing school finance law, rejecting arguments that it created an unconstitutional statewide property tax.

The decision is expected to be appealed to the Texas Supreme Court or challenged in federal court by lawyers for property-rich schools, which stand to lose an estimated $400 million in tax wealth to poor districts under the so-called Robin Hood plan.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.