Texas Education Code

§ 48.284 — ADDITIONAL STATE AID FOR REGIONAL INSURANCE COST DIFFERENTIALS

ED § 48.284Title 2. PUBLIC EDUCATION · Part I. SCHOOL FINANCE AND FISCAL MANAGEMENT · Ch. 48. FOUNDATION SCHOOL PROGRAM · Art. F. FINANCING THE PROGRAM

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(a)In this section, "catastrophe area" and "first tier coastal county" have the meanings assigned by Section 2210.003, Insurance Code.

(b)This section applies to a school district or open-enrollment charter school that has the following property located in a first tier coastal county or an area designated in 2024 as a catastrophe area:

(1)the central administrative office of the district or school; and

(2)a majority of campuses of the district or school.

(c)A school district or open-enrollment charter school to which this section applies is entitled to additional state aid for each student in adjusted average daily attendance in an amount equal to 80 percent of the difference between, for the 2023-2024 school year, or a different school year specified by appropriation:

(1)the total amount paid for property and casualty insurance by districts and schools in the county or catastrophe area described by Subsection (b) in which the district's or school's property is located divided by the total number of students in average daily attendance for all districts and schools in the county or catastrophe area; and

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