Sec. 41.003. OPTIONS TO ACHIEVE EQUALIZED WEALTH LEVEL

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A district with a wealth per student that exceeds the equalized wealth level may take any combination of the following actions to achieve the equalized wealth level:
(1) consolidation with another district as provided by Subchapter B;
(2) detachment of territory as provided by Subchapter C;
(3) purchase of average daily attendance credit as provided by Subchapter D;
(4) education of nonresident students as provided by Subchapter E; or
(5) tax base consolidation with another district as provided by Subchapter F.

Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995. Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.03, eff. Sept. 1, 1999.

                    
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