The amount of a junior college district's guaranteed instruction and operations funding for a state fiscal year is equal to the sum of:

1. (1) the product of:

   1. (A) the district's basic allotment under Section 130A.053; and
   2. (B) the number of weighted full-time equivalent students enrolled at the district determined in accordance with Section 130A.054; and
2. (2) the district's contact hour funding under Section 130A.055.

Added by Acts 2023, 88th Leg., R.S., Ch. 378 (H.B. 8), Sec. 46, eff. September 1, 2023.