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Texas Statutes (Last Updated: January 4, 2014) |
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EDUCATION CODE |
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Title 2. PUBLIC EDUCATION |
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Subtitle I. SCHOOL FINANCE AND FISCAL MANAGEMENT |
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Chapter 42. FOUNDATION SCHOOL PROGRAM |
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Subchapter A. GENERAL PROVISIONS |
Sec. 42.002. PURPOSES OF FOUNDATION SCHOOL PROGRAM
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(a) The purposes of the Foundation School Program set forth in this chapter are to guarantee that each school district in the state has:
(1) adequate resources to provide each eligible student a basic instructional program and facilities suitable to the student's educational needs; and
(2) access to a substantially equalized program of financing in excess of basic costs for certain services, as provided by this chapter.
(b) The Foundation School Program consists of:
(1) two tiers that in combination provide for:
(A) sufficient financing for all school districts to provide a basic program of education that is rated acceptable or higher under Section 39.054 and meets other applicable legal standards; and
(B) substantially equal access to funds to provide an enriched program; and
(2) a facilities component as provided by Chapter 46.