Texas Register, Volume 38, Number 31, Pages 4821-4956, August 2, 2013 Page: 4,848
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(21) Target year--The year that produces the greatest rev-
enue per student in weighted average daily attendance in the scenarios
defined by subsection (a)(16) of this section and that is thus used in
calculating the minimum revenue entitlement for each fiscal year be-
ginning with the 2006-2007 fiscal year. If the maximum target revenue
per student in weighted average daily attendance is produced with Si1,
then 2005-2006 is the target year. If the maximum target revenue per
student in weighted average daily attendance is produced with S2 or
S3, then 2006-2007 is the target year.
(22) Weighted average daily attendance (WADA)--
Weighted average daily attendance as defined by the TEC, 42.302(a).
The WADA used for state funding calculations is determined as
follows.
(A) During a given fiscal year, WADA is calculated us-
ing the LPEs for that year.
(B) On the near-final SOF report, WADA is calculated
using the student attendance data reported to the PEIMS for the given
fiscal year.
(C) On the final SOF report, WADA is calculated using
the student attendance data for the given fiscal year that are available
as of the date of the final SOF.
(b) Additional State Aid for Tax Reduction (ASATR). A
school district may be entitled to receive ASATR under the TEC,
42.2516(b). The entitlement to ASATR for a given fiscal year is de-
termined by calculating the minimum revenue entitlement applicable
to that fiscal year and comparing the minimum revenue entitlement to
the total state and local formula revenue based on the CTR for that
fiscal year.
(1) Fiscal year 2006-2007. S1, S2, and S3 target revenue;
S4 total state and local revenue; and ASATR are calculated as follows
for the 2006-2007 fiscal year.
(A) S1 target revenue. S1 target revenue is based on
the actual state and local revenue earned by a school district for the
2005-2006 fiscal year as reflected on the current 2005-2006 SOFreport.
S1 target revenue is calculated as follows.
(i) S1 revenue includes the sum of the following
amounts, calculated based on the provisions of the TEC, Chapters 12,
41, and 42, as they existed on January 1, 2006:
(I) Tier 1 state aid earned by the district in 2005-
2006;
(II) Tier 2 state aid earned by the district in 2005-
2006;
(III) the per pupil allotment as described in Rider
69, GAA, 79th Texas Legislature, 2005;
(IV) Additional State Aid for Professional Staff
Salaries earned by the district under the TEC, 42.2512, for 2005-2006;
(V) Additional State Aid for Homestead Exemp-
tion earned by the district under the TEC, 42.2511, for 2005-2006;
(VI) Additional State Aid for School Employee
Benefits earned by the district under the TEC, 42.2514, for 2005-
2006;
(VII) any gain from a Chapter 41 partnership,
which is the amount retained by the district as the result of an agree-
ment under the TEC, 41.121. This amount is equal to the funds
received by the district as the result of a 2005-2006 agreement under
the TEC, 41.121, less the following amounts:(-a-) funds retained from the district's 2005-
2006 FSP allocation due to attendance credits purchased through an
agreement under the TEC, 41.121; and
(-b-) funds due from the district to another en-
tity based on a 2005-2006 agreement under the TEC, 41.121; and
(VIII) M&O tax collections for the 2005-2006
fiscal year as defined by subsection (a)(13)(A) of this section.
(ii) The sum is reduced by the amount of the recap-
ture payments owed by the district for the 2005-2006 fiscal year to pro-
duce total state and local revenue.
(iii) Total state and local revenue is divided by the
number of WADA the district had in 2005-2006 to produce S1 target
revenue per WADA.
(iv) S1 target revenue per WADA is multiplied by
the district's 2006-2007 WADA to produce S1 total target revenue.
(B) S2 target revenue. S2 target revenue is based on
the state and local revenue a school district would have been entitled
to in 2006-2007 based on the provisions of the TEC, Chapters 12, 41,
and 42, as they existed on January 1, 2006, and on the tax collections
defined by subsection (a)(13)(B) of this section. S2 target revenue is
calculated as follows.
(i) S2 revenue includes the sum of the following
amounts, calculated based on the provisions of the TEC, Chapters 12,
41, and 42, as they existed on January 1, 2006:
(I) Tier 1 state aid the district would have re-ceived in 2006-2007;
ceived in 2006-2007;I) Tier 2 state aid the district would have re-
(III) the per pupil allotment as described in Rider
69, GAA, 79th Texas Legislature, 2005;
(IV) Additional State Aid for Professional Staff
Salaries the district would have earned under the TEC, 42.2512, for
2006-2007;
(V) Additional State Aid for Homestead Exemp-
tion the district would have earned under the TEC, 42.2511, for 2006-
2007;
(VI) Additional State Aid for School Employee
Benefits the district would have earned under the TEC, 42.2514, for
2006-2007;
(VII) any gain the district would have received
from a Chapter 41 partnership, which is the amount the district would
have retained as the result of an agreement under the TEC, 41.121.
This amount is equal to the funds the district would have received in
2006-2007 if the 2005-2006 agreement had been maintained under the
TEC, 41.121, less the following amounts:
(-a-) funds that would have been retained
from the district's 2006-2007 FSP allocation due to attendance credits
purchased if the 2005-2006 agreement under the TEC, 41.121, had
been maintained; and
(-b-) funds that would have been due from the
district to another entity if the 2005-2006 agreement under the TEC,
41.121, had been maintained; and
(VIII) M&O tax collections as defined by subsec-
tion (a)(13)(B) of this section.
(ii) The sum is reduced by the amount of the recap-
ture obligation that would have been owed in 2006-2007 if the district
would have been subject to the provisions of the TEC, Chapter 41, as38 TexReg 4848 August 2, 2013 Texas Register
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Texas. Secretary of State. Texas Register, Volume 38, Number 31, Pages 4821-4956, August 2, 2013, periodical, August 2, 2013; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth326805/m1/28/: accessed March 28, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.