Bill Text: TX SB11 | 2023 | 88th Legislature 4th Special Session | Introduced
Bill Title: Relating to the basic allotment and guaranteed yield under the Foundation School Program, including an adjustment in those amounts to reflect inflation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-11-07 - Filed [SB11 Detail]
Download: Texas-2023-SB11-Introduced.html
| By: Johnson | S.B. No. 11 | |
|
|
||
|
|
||
| relating to the basic allotment and guaranteed yield under the | ||
| Foundation School Program, including an adjustment in those amounts | ||
| to reflect inflation. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 48.051, Education Code, is amended by | ||
| amending Subsection (a) and adding Subsection (a-1) to read as | ||
| follows: | ||
| (a) Subject to adjustment under Subsection (a-1), for [ |
||
| each student in average daily attendance, not including the time | ||
| students spend each day in special education programs in an | ||
| instructional arrangement other than mainstream or career and | ||
| technology education programs, for which an additional allotment is | ||
| made under Subchapter C, a district is entitled to an allotment | ||
| equal to the lesser of $7,365 [ |
||
| from the following formula: | ||
| A = $7,365 [ |
||
| where: | ||
| "A" is the allotment to which a district is entitled; | ||
| "TR" is the district's tier one maintenance and operations | ||
| tax rate, as provided by Section 45.0032; and | ||
| "MCR" is the district's maximum compressed tax rate, as | ||
| determined under Section 48.2551. | ||
| (a-1) Beginning with the 2024-2025 school year, the basic | ||
| allotment provided to a district under Subsection (a) or (b) is | ||
| adjusted annually to increase the allotment by a factor equal to the | ||
| average annual percentage increase, if any, in the Consumer Price | ||
| Index for All Urban Consumers published by the Bureau of Labor | ||
| Statistics of the United States Department of Labor for the | ||
| preceding five years. | ||
| SECTION 2. Section 48.115(a), Education Code, is amended to | ||
| read as follows: | ||
| (a) Except as provided by Subsection (a-1), a school | ||
| district is entitled to an annual allotment equal to the sum of the | ||
| following amounts or a greater amount provided by appropriation: | ||
| (1) $10 for each student in average daily attendance, | ||
| plus $1 for each student in average daily attendance per every $50 | ||
| by which the district's maximum basic allotment under Section | ||
| 48.051 exceeds $7,365 [ |
||
| (2) $15,000 per campus. | ||
| SECTION 3. Section 48.202(a-1), Education Code, is amended | ||
| to read as follows: | ||
| (a-1) For purposes of Subsection (a), the dollar amount | ||
| guaranteed level of state and local funds per weighted student per | ||
| cent of tax effort ("GL") for a school district is: | ||
| (1) the greater of the amount of district tax revenue | ||
| per weighted student per cent of tax effort available to a school | ||
| district at the 96th percentile of wealth per weighted student or | ||
| the amount that results from multiplying the maximum amount of the | ||
| basic allotment provided under Section 48.051 for the applicable | ||
| school year [ |
||
| which the district's maintenance and operations tax rate exceeds | ||
| the district's tier one tax rate; and | ||
| (2) subject to Subsection (f), the amount that results | ||
| from multiplying the maximum amount of the basic allotment provided | ||
| under Section 48.051 for the applicable school year [ |
||
| 0.008, for the district's maintenance and operations tax effort | ||
| that exceeds the amount of tax effort described by Subdivision (1). | ||
| SECTION 4. This Act takes effect on the 91st day after the | ||
| last day of the legislative session. | ||
