TITLE: Relating to distribution of revenue under the public school finance system.

SUMMARY: Relating to distribution of revenue under the public school finance system.

FULL TEXT:
AN ACT relating to distribution of revenue under the public school finance system. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter A, Chapter 42, Education Code, is amended by adding Section 42.009 to read as follows: Sec. 42.009. ADJUSTMENT TO ACHIEVE EQUAL DISTRIBUTION OF REVENUE. (a) Notwithstanding any other provision of this title, the commissioner shall make adjustments to the amounts due to a school district under this chapter or amounts required for a district to comply with Chapter 41 as necessary to ensure that each district receives an amount of state and local maintenance and operations revenue per student in weighted average daily attendance equal to the amount determined under Subsection (b). (b) The commissioner shall identify the amount of state and local maintenance and operations revenue per student in weighted average daily attendance to which each school district is entitled under the provisions of this title other than this section. After identifying the amount for each school district, the commissioner shall divide the sum of the highest amount to which a school district is entitled and the lowest amount to which a school district is entitled by two. The resulting amount is the amount of revenue to be provided to each school district under Subsection (a). SECTION 2. This Act takes effect September 1, 2011.