Discuss and Consider Action on Agreement for the Purchase of Attendance Credits (Option 3 Agreement) and to Delegate Contractual Authority to the Superintendent Presenter: Amanda Smith, Chief Financial Officer; Dr. Dana Arreola, Superintendent of Schools Description: The district has received preliminary notification that its local revenue will exceed its entitlement for the 2026-27 school year (p

Staff Report & Agenda Item Details

3.F. Discuss and Consider Action on Agreement for the Purchase of Attendance Credits (Option 3 Agreement) and to Delegate Contractual Authority to the Superintendent Presenter: Amanda Smith, Chief Financial Officer; Dr. Dana Arreola, Superintendent of Schools Description: The district has received preliminary notification that its local revenue will exceed its entitlement for the 2026-27 school year (previously referred to as a "Chapter 41 district").  At this time, we are obligated to inform the Texas Education Agency (TEA) how we intend to reduce our local revenue. Due to the district's Chapter 48 state funding exceeding its Chapter 49 recapture costs, the administration recommends offsetting/reducing state aid by the amount owed for recapture in lieu of making payments to the state. The contract submission process is now completed electronically through a module on TEA's website.  Therefore, contractual authority must be granted to the superintendent so that she can submit the data through the TEA module on behalf of the district.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 4.6/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).