(a) Definitions. The following phrases, when used in the implementation of Texas Education Code, §29.203(b), or in this section, shall have the following meaning, unless the context clearly indicates otherwise.
- (1) Cost to the district of providing services--The Foundation School Program cost per student, including the equalized state and local share of the guaranteed yield allotment at the district's tax effort for the applicable school year, as limited by Texas Education Code, §42.253(e).
- (2) Net additional students--The number of students accepted by a district under the public education grant program minus the number of that district's resident students who are educated in other districts under the public education grant program. For purposes of this section, the number of net additional students cannot be less than zero.
- (b) Computation methodology. A school district with property wealth per student greater than the guaranteed wealth level but less than the equalized wealth level is entitled to a supplemental payment for the number of net additional students educated under the public education grant program. The amount of the supplemental payment shall be computed as the guaranteed level multiplied by the district enrichment and facilities tax rate as specified in Texas Education Code, §42.302(a), as limited by Texas Education Code, §42.253(e), multiplied by the number of net additional students.
- (c) Payment method. The supplemental payment shall be made to the district in a lump sum in the subsequent school year.
Source Note:The provisions of this §61.1011 adopted to be effective September 1, 1998, 23 TexReg 7779.