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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Texas public education tops debate in campaigns


CHRIS TOMLINSON, Associated Press

AUSTIN, Texas (AP) — Public schools are shaping up to become the top issue in the 2014 election campaigns, with Democrats complaining about Republican budget cuts and conservatives calling for more choice and less government involvement in an issue that impacts every Texan.

Expect candidates to offer a barrage of statistics about schools and student achievement, since something can be found for every political persuasion. Money is likely to be the biggest talking point, with Democrats complaining about cuts in per-pupil spending and low salaries in Texas, while Republicans will say there is no correlation between government spending and student success.

Fact checkers will find that both sides are about half-right.

The Republican-controlled Legislature rewrote the formula for public school funding in 2011 to cut $5.4 billion from the state's public education budget, the first such reduction in spending since World War II. In 2013, the Legislature restored about $3 billion, but is still not spending as much as it did in 2010. Texas teachers also make about $1,000 less a year than the national average, prompting many teachers to leave the field or move elsewhere.

Increased spending over time, though, does not result in commensurate increases in student performance, conservative groups point out. Conservative Texas organizations such as the Texas Public Policy Foundation argue that public schools need to change the way they operate and use existing funds more efficiently before they get additional taxpayer dollars.

Democratic Sen. Wendy Davis filibustered the state budget in 2011 and forced a special session to protest the cuts in school spending, which eventually passed.

"I do believe that education must be the No. 1 priority that we address as a state," Davis said at a round table at the University of Texas at Arlington on Thursday.

Democrats believe they can win over suburban mothers upset at the budget cuts made at their schools. But Republicans are not ready to cede the issue, laying the blame on teachers' unions and tenure systems they say keep poor educators on the job.

"It's time for Texas to set our sights on being number one in education," Republican gubernatorial candidate Greg Abbott told a conservative political conference on Friday.

Abbott's solution is more charter schools and allowing parents more leeway to choose where to send their children. Davis wants to encourage the brightest students to become teachers, and forgive their student loans when they work at public schools.

Expect the candidates to also debate curriculum, graduation standards and testing. Christian groups continue to fight against teaching evolution, industry groups want better-educated high school graduates and parents complain of too much testing. The Legislature recently dropped the requirement that all students take Algebra II in order to graduate from high school.

Striking the balance will be difficult at a time when, by some key measures, Texas students continue to lag behind.

The Texas Education Agency on Thursday said the number of schools falling short of minimum standards doubled from 2012 because of newer, higher standards. That means at least half the students at those schools have failed the accountability tests in two of the three previous years or the schools were rated academically unacceptable in 2011 or "Improvement Required" last year. Texas ranked 47th in the nation in SAT scores last year.

Lt. Gov. David Dewhurst also joined the education debate, praising the progress in student performance since 2000, when the state adopted a long-term strategy called "Closing the Gaps 2015." He called on Texas senators on Thursday to examine the lessons learned and make a plan for the next 15 years.

There is no doubt that public education always has been, and likely always will be, a challenge for the state's leaders. The number of children growing up in poverty and homes where English is not the first language is on the rise. The 2014 election allows voters to choose whose vision they trust more for solving these problems.

 

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