Relating to fiscal reporting by public schools.

HB 3147 requires Texas public school districts to provide more detailed fiscal reports to the Texas Education Agency. Specifically, districts must break down annual spending by category (including instruction, support, administration, operations, and debt service) and compare it to the previous year's actual spending. The bill also adds a new requirement for districts to annually report the percentage of funds spent on contracts that improve student outcomes, as defined by commissioner rules. This directly affects all 1,200+ Texas public school districts and the Texas Education Agency, which will collect and review these reports starting September 1, 2025.