Greg Abbott: “The school districts will be funded by the state of Texas.”

“I'm committed to getting this done, and I'm putting my name on it. Let's fight. I'll take a few questions. How will school districts be funded? Alternatives? Sure. Well, first of all, The school districts will be funded by the state of Texas. If you go back to the reductions in, let's say, the increases in homestead exemptions that just passed this November, that homestead exemption means less money will be going from local property taxes to schools.” (11:15–11:19)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.