28 town hall meeting at Carroll Senior High School. Back in 2005, the Texas Legislature set the amount of funding needed to educate each student. If a school district pulls in more revenue than that amount, it goes back to the state in recapture under Chapter 41, or Robin Hood, he said. The amount schools get per pupil has been largely stagnant for the last decade. We actually got $35 less per student last year than in 2005-06, Faltys said. For the current budget year, Carroll schools are sending $19 million in operating budget tax revenues back to the state. For every $1 collected on the maintenance and operations side, officials send back around 19 cents. With taxes collected for bond issues, the district keeps all the revenue. The Grapevine-Colleyville school district also sends money back to the state, with about $30 million going back this year. Voters approved a $249 million bond package there in May to handle long-term maintenance and upgrades.
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Mr. Pensaert continued, I also want to acknowledge the Boards appreciation for Carine Schorochoffs many contributions to 4Tech since its founding, which includes building the company through multiple rounds of funding, the advancement of the technology into a regulated human trial in Europe, and the development of a robust pipeline. She has earned tremendous respect through her leadership and professionalism, and we welcome her continued support. This is the perfect time in the evolution of 4Tech for Mike to become its next President and CEO, said Carine Schorochoff. Mike has consistently demonstrated a superior ability to amplify the commercial viability of medical technology. The 4Tech Team is looking forward to continuing to deliver on 4Techs mission under Mikes leadership and is keen to welcome him and his family to Galway. Dr. Ennen previously served as Chief Scientific Officer, Vice President of Strategic Marketing, and Vice President of Global Marketing at ev3/Covidien and Foxhollow Technologies, where he advanced numerous innovative technologies and clinical-regulatory programs. newsHis background also includes roles as a commercial operations executive at TPG Capital/Immucor and as a leader of McKinsey & Companys healthcare practice. Dr. Ennen earned his medical degree from Stanford University School of Medicine.
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