| 1 | 1 | | 84R8234 GCB-D |
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| 2 | 2 | | By: Márquez H.B. No. 2026 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the calculation of the number of students in weighted |
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| 8 | 8 | | average daily attendance for purposes of the public school finance |
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| 9 | 9 | | system. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 42.302(a), Education Code, is amended to |
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| 12 | 12 | | read as follows: |
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| 13 | 13 | | (a) Each school district is guaranteed a specified amount |
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| 14 | 14 | | per weighted student in state and local funds for each cent of tax |
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| 15 | 15 | | effort over that required for the district's local fund assignment |
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| 16 | 16 | | up to the maximum level specified in this subchapter. The amount |
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| 17 | 17 | | of state support, subject only to the maximum amount under Section |
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| 18 | 18 | | 42.303, is determined by the formula: |
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| 19 | 19 | | GYA = (GL X WADA X DTR X 100) - LR |
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| 20 | 20 | | where: |
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| 21 | 21 | | "GYA" is the guaranteed yield amount of state funds to be |
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| 22 | 22 | | allocated to the district; |
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| 23 | 23 | | "GL" is the dollar amount guaranteed level of state and local |
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| 24 | 24 | | funds per weighted student per cent of tax effort, which is an |
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| 25 | 25 | | amount described by Subsection (a-1) or a greater amount for any |
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| 26 | 26 | | year provided by appropriation; |
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| 27 | 27 | | "WADA" is the number of students in weighted average daily |
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| 28 | 28 | | attendance, which is calculated by dividing the sum of the school |
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| 29 | 29 | | district's allotments under Subchapters B and C, less any allotment |
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| 30 | 30 | | to the district for transportation and[,] any allotment under |
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| 31 | 31 | | Section 42.158 or 42.160, [and 50 percent of the adjustment under |
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| 32 | 32 | | Section 42.102,] by the basic allotment for the applicable year; |
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| 33 | 33 | | "DTR" is the district enrichment tax rate of the school |
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| 34 | 34 | | district, which is determined by subtracting the amounts specified |
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| 35 | 35 | | by Subsection (b) from the total amount of maintenance and |
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| 36 | 36 | | operations taxes collected by the school district for the |
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| 37 | 37 | | applicable school year and dividing the difference by the quotient |
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| 38 | 38 | | of the district's taxable value of property as determined under |
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| 39 | 39 | | Subchapter M, Chapter 403, Government Code, or, if applicable, |
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| 40 | 40 | | under Section 42.2521, divided by 100; and |
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| 41 | 41 | | "LR" is the local revenue, which is determined by multiplying |
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| 42 | 42 | | "DTR" by the quotient of the district's taxable value of property as |
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| 43 | 43 | | determined under Subchapter M, Chapter 403, Government Code, or, if |
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| 44 | 44 | | applicable, under Section 42.2521, divided by 100. |
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| 45 | 45 | | SECTION 2. This Act takes effect September 1, 2015. |
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