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Tex. Education Code § 49.153

COST

Texas · Texas Education Code · Status: effective

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Tex. Education Code § 49.153, COST, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/636418
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(a) The total cost of credit is the amount of the district's maintenance and operations tax revenue that exceeds the level established under Section 48.257. (b) For purposes of this section, a school district's maintenance and operations tax revenue does not include any amounts paid into a tax increment fund under Chapter 311, Tax Code. (c) The cost of attendance credit for a school district is computed using the final tax collections of the district.