Texas Education Code - Section 41.121. Agreement
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§ 41.121. AGREEMENT. The board of trustees of a district
with a wealth per student that exceeds the equalized wealth level
may execute an agreement to educate the students of another
district in a number that, when the weighted average daily
attendance of the students served is added to the weighted average
daily attendance of the contracting district, is sufficient, in
combination with any other actions taken under this chapter, to
reduce the district's wealth per student to a level that is equal to
or less than the equalized wealth level. The agreement is not
effective unless the commissioner certifies that the transfer of
weighted average daily attendance will not result in any of the
contracting districts' wealth per student being greater than the
equalized wealth level and that the agreement requires an
expenditure per student in weighted average daily attendance that
is at least equal to the amount per student in weighted average
daily attendance required under Section 41.093, unless it is
determined by the commissioner that a quality educational program
can be delivered at a lesser amount. The commissioner may approve a
special financial arrangement between districts if that
arrangement serves the best educational interests of the state.
Added by Acts 1995, 74th Leg., ch. 260, § 1, eff. May 30, 1995.
Section: 41.093 41.094 41.095 41.096 41.097 41.098 41.099 41.121 41.122 41.123 41.124 41.125 41.151 41.152 41.153
Last modified: August 10, 2007
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