Texas Statutes (Last Updated: January 4, 2014) |
EDUCATION CODE |
Title 2. PUBLIC EDUCATION |
Subtitle I. SCHOOL FINANCE AND FISCAL MANAGEMENT |
Chapter 41. EQUALIZED WEALTH LEVEL |
Subchapter A. GENERAL PROVISIONS |
Sec. 41.001. DEFINITIONS
Latest version.
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In this chapter:
(1) "Equalized wealth level" means the wealth per student provided by Section 41.002.
(2) "Wealth per student" means the taxable value of property, as determined under Subchapter M, Chapter 403, Government Code, divided by the number of students in weighted average daily attendance.
(3) "Weighted average daily attendance" has the meaning assigned by Section 42.302.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.01, eff. Sept. 1, 1999.