Sec. 49.002. OPTIONS TO REDUCE LOCAL REVENUE LEVEL. A district with a local revenue level in excess of entitlement may take any combination of the following actions to reduce the district's revenue level:
(1) consolidation with another district as provided by Subchapter B;
(2) detachment of territory as provided by Subchapter C;
(3) purchase of average daily attendance credit as provided by Subchapter D;
(4) education of nonresident students as provided by Subchapter E; or
(5) tax base consolidation with another district as provided by Subchapter F.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.03, eff. Sept. 1, 1999.
Transferred, redesignated and amended from Education Code, Section 41.003 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.049, eff. September 1, 2019.
Structure Texas Statutes
Subtitle I - School Finance and Fiscal Management
Chapter 49 - Options for Local Revenue Levels in Excess of Entitlement
Subchapter A. General Provisions
Section 49.002. Options to Reduce Local Revenue Level
Section 49.003. Inclusion of Attendance Credit and Nonresidents in Weighted Average Daily Attendance
Section 49.004. Annual Review of Local Revenues
Section 49.0041. Local Revenue Level in Excess of Entitlement After Review Notification
Section 49.005. Comptroller and Appraisal District Cooperation
Section 49.007. Commissioner to Approve Subsequent Boundary Changes
Section 49.008. Homestead Exemptions
Section 49.009. Tax Abatements
Section 49.010. Tax Increment Obligations