Sec. 49.002. OPTIONS TO REDUCE LOCAL REVENUE LEVEL. A district with a local revenue level in excess of entitlement may take any combination of the following actions to reduce the district's revenue 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.
Transferred, redesignated and amended from Education Code, Section 41.003 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.049, eff. September 1, 2019.
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