Texas Education Code - Section 42.2517. Excess Funds For Cost Of Education Adjustment
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§ 42.2517. EXCESS FUNDS FOR COST OF EDUCATION
ADJUSTMENT. (a) If the commissioner determines that the amount
appropriated for purposes of the Foundation School Program exceeds
the amount to which school districts are entitled under this
chapter, the commissioner may:
(1) adjust each district's cost of education
adjustment under Section 42.102 to reflect current uncontrollable
variations in the cost of education, particularly the cost of
providing salaries and benefits to classroom teachers; and
(2) provide funding under this chapter based on the
cost of education index adjusted under Subdivision (1).
(b) If the amount available under Subsection (a) is not
sufficient to provide funding based on the cost of education index
adjusted under Subsection (a)(1), the commissioner shall rank
districts by the increase in the cost of education adjustment
applicable to each district under this section and shall provide
funding under this section to districts in descending order of the
amount of increase in the cost of education adjustment applicable
to districts under this section, beginning with the district that
has the greatest increase in the cost of education adjustment,
until no funds are available for purposes of this section.
Added by Acts 2003, 78th Leg., ch. 201, § 33, eff. Sept. 1, 2003.
Section: 42.251 42.2511 42.2512 42.2513 42.2514 42.2515 42.2516 42.2517 42.2521 42.2522 42.253 42.2531 42.254 42.255
Last modified: August 10, 2007
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