1-1 By: Sadler (Senate Sponsor - Cain) H.B. No. 2864
1-2 (In the Senate - Received from the House April 30, 2001;
1-3 April 30, 2001, read first time and referred to Committee on
1-4 Education; May 3, 2001, reported favorably by the following vote:
1-5 Yeas 8, Nays 0; May 3, 2001, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the small and mid-sized district adjustment under the
1-9 public school finance system.
1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11 SECTION 1. Section 42.103(d), Education Code, is amended to
1-12 read as follows:
1-13 (d) The basic allotment of a school district that offers a
1-14 kindergarten through grade 12 program and has less than 5,000
1-15 students in average daily attendance is adjusted by applying the
1-16 formula, of the following formulas, that results in the greatest
1-17 adjusted allotment:
1-18 (1) the formula in Subsection (b) or (c) for which the
1-19 district is eligible; or
1-20 (2) [AA = 1 X ABA; or]
1-21 [(3) depending on the school year:]
1-22 [(A) for the 1996-1997 school year, AA = (1 +
1-23 ((5,000 - ADA) X .0000045)) X ABA;]
1-24 [(B) for the 1997-1998 school year, AA = (1 +
1-25 ((5,000 - ADA) X .0000090)) X ABA;]
1-26 [(C) for the 1998-1999 school year, AA = (1 +
1-27 ((5,000 - ADA) X .000015)) X ABA;]
1-28 [(D) for the 1999-2000 school year, AA = (1 +
1-29 ((5,000 - ADA) X .000020)) X ABA;]
1-30 [(E) for the 2000-2001 school year,] AA = (1 +
1-31 ((5,000 - ADA) X .000025)) X ABA.
1-32 SECTION 2. This Act takes effect September 1, 2001.
1-33 * * * * *