Sec. 46.010. PROJECTS BY MORE THAN ONE DISTRICT. If two or more districts apply for state assistance in connection with a joint project at a single location, each district is entitled to a guaranteed facilities yield amount of state and local funds that is 20 percent higher than the amount to which the district would otherwise be entitled under Section 46.005.
Added by Acts 1997, 75th Leg., ch. 592, Sec. 1.04, eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle I - School Finance and Fiscal Management
Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt
Subchapter A. Instructional Facilities Allotment
Section 46.003. School Facilities Allotment
Section 46.004. Lease-Purchase Agreements
Section 46.005. Limitation on Guaranteed Amount
Section 46.006. Shortage or Excess of Funds Appropriated for New Projects
Section 46.007. Refunding Bonds
Section 46.0081. Security Criteria in Design of Instructional Facilities
Section 46.009. Payment of School Facilities Allotments
Section 46.010. Projects by More Than One District
Section 46.011. Sale of Instructional Facility Financed With Instructional Facilities Allotment
Section 46.012. Applicability to Open-Enrollment Charter Schools