Governor likely to face school finance problems

November 18, 2009 11:23:20 AM PST
With budget problems mounting for many Texas school districts, the next governor will likely inherit a funding system experts say has become a legal and financial quagmire. As the state's top executive officer, the governor will guide the $35 billion public school system and its 4.4 million students. Experts say the system needs a major overhaul to make sure schools get enough money to keep pace with costs and avoid another lawsuit.

School consultant Joe Smith is a former school district superintendent. He says he thinks "the situation will manifest itself or start manifesting itself in 2011 in an extreme way." He says, "There's going to be a whole lot of districts that are going to be up against the wall."