Texas Education Code 49.153 – Cost
Current as of: 2024 | Check for updates
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(a) The total cost of credit is the amount of the district’s maintenance and operations tax revenue that exceeds the level established under § 48.257.
(b) For purposes of this section, a school district’s maintenance and operations tax revenue does not include any amounts paid into a tax increment fund under Chapter 311, Tax Code.
(c) The cost of attendance credit for a school district is computed using the final tax collections of the district.