Sec. 49.258. REVENUE DISTRIBUTION. The consolidated taxing district shall distribute maintenance tax revenue to the component districts on the basis of the number of students in weighted average daily attendance in the component districts.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Transferred, redesignated and amended from Education Code, Subchapter F, Chapter 41 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.058, 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 F. Tax Base Consolidation
Section 49.252. Date of Election
Section 49.255. Consolidated Taxing District
Section 49.257. Maintenance Tax
Section 49.258. Revenue Distribution