Texas Education Code 13.282 – Amount; Computation
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(a) The amount of incentive aid payments may not exceed the difference between:
(1) the sum of the entitlements computed under § 48.266 that would have been paid to the districts included in the reorganized district if the districts had not been consolidated; and
(2) the amount to which the reorganized district is entitled under § 48.266.
(b) If the reorganized district is not eligible for an entitlement under § 48.266, the amount of the incentive aid payments may not exceed the sum of the entitlements computed under § 48.266 for which the districts included in the reorganized district were eligible in the school year when they were consolidated.
Terms Used In Texas Education Code 13.282
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) If there is a series of consolidations at intervals in compliance with this chapter, the school district last organized is eligible to receive at due times the total sum of the series of incentive aid payments as computed separately at the time of each consolidation, subject to this subchapter.