Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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.Renumbered from Tex. Educ. Code § 41.003 by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 943,Sec. 1.049, eff. 9/1/2019.Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.03, eff. 9/1/1999.Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. 5/30/1995.