Sec. 49.0041. LOCAL REVENUE LEVEL IN EXCESS OF ENTITLEMENT AFTER REVIEW NOTIFICATION. If the commissioner determines that a school district has a local revenue level in excess of entitlement after the date the commissioner sends notification for the school year under Section 49.004(a), the commissioner shall include the amount of the district's local revenue level that exceeded the level established under Section 48.257 for that school year in the annual review for the following school year of the district's local revenue levels under Section 49.004(a).
Added by Acts 2021, 87th Leg., R.S., Ch. 806 (H.B. 1525), Sec. 43, eff. September 1, 2021.
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