| (a) Board staff will calculate Base Tier funding for
each public junior college district (district) as the greater of the
Instruction and Operations (I&O) amount minus Local Share and
zero.
(b) A district's I&O amount is the sum of the number
of Weighted Full-Time Student Equivalents (Weighted FTSE) enrolled
at the district multiplied by the Basic Allotment amount of $1,275
and the district's total Contact Hour Funding as determined by the
Coordinating Board.
(1) Weighted FTSE for each district is the sum of the
district's full-time student equivalents weighted for the student
characteristics under subparagraph (B) of this paragraph and the scale
adjustment as provided in Texas Education Code, §130A.054.
(A) For purposes of determining annual Weighted FTSE
as a component of Fiscal Year (FY) 2024 formula funding under this
section, a district's full-time student equivalents (FTSE) is equal
to the sum of:
(i) the total semester credit hours in which for-credit
students were enrolled at the district as of the census dates of all
academic semesters or other academic terms that were reported for
FY 2022, divided by 30; and
(ii) the total contact hours in which continuing education
students were enrolled at the district as of the census dates of all
academic semesters or other academic terms that were reported for
FY 2022, divided by 900.
(B) The Coordinating Board shall additively weight
the calculation of Weighted FTSE as follows:
(i) if a student is classified as economically disadvantaged
during FY 2022, FTSE generated by that student shall have an additional
value of 25%;
(ii) if a student is classified as academically disadvantaged
during FY 2022, FTSE generated by that student shall have an additional
value of 25%; and
(iii) if a student is classified as an adult learner
during FY 2022, FTSE generated by that student shall have an additional
value of 50%.
(C) The Coordinating Board calculates a district's
scale adjustment weight as the greater of the difference between 5,000
and the number of FTSE as defined in subparagraph (A) of this paragraph
multiplied by .40, and zero.
(2) For the purpose of calculating FY 2024 formula
funding amounts, Coordinating Board staff will calculate Contact Hour
Funding for a public junior college district by first multiplying
the number of reported certified fundable contact hours generated
by the district in each discipline during the 2023 Base Year, consisting
of the Summer I and II 2022, Fall 2022, and Spring 2023 academic terms,
by the average cost of delivery per contact hour for each discipline
respectively as described in the Report of Fundable Operating Expenses
for FY 2022 in accordance with subchapter R, §13.524(c) of this
chapter (relating to Required Reporting) and summing across all disciplines.
Contact hours attributable to students enrolled in a junior-level
or senior-level course are weighed in the same manner as a lower division
course in a corresponding field. That sum will then be multiplied
by 21.3%, which is a rate derived from appropriations made for Base
Tier Funding in the 2024-2025 General Appropriations Act, to calculate
the district's Contact Hour Funding.
(c) For the purpose of calculating FY 2024 formula
funding amounts, the Local Share for each public junior college district
equals the sum of:
(1) the estimated amount of revenue that would have
been generated by the district if it had assessed a $0.05 maintenance
and operations ad valorem tax on each $100 of taxable property value
in its taxing district, as reported under subchapter R, §13.524
of this chapter, which the Coordinating Board will calculate as the
district's current tax collection for FY 2022 multiplied by the ratio
of the maintenance and operations tax rate to the total tax rate,
divided by the product of the maintenance and operations tax rate
and 100 and multiplied by five; and
(2) the amount of tuition and fee revenue calculated
as the sum of:
(A) the district's FY 2022 FTSE as defined in subsection
(b)(1)(A) of this section, except for semester credit hours derived
from students enrolled in dual credit or dual enrollment courses,
multiplied by $2,828, which is the FY 2021 statewide average of tuition
and fees assessed to full-time students residing within the district
of the public junior college they attend; and
(B) the total semester credit hours of dual credit
or dual enrollment courses in which students were enrolled as of the
census dates of all academic semesters or other academic terms that
were reported in FY 2022, multiplied by $55, which is the dollar amount
per dual credit semester credit hour determined by the Coordinating
Board pursuant to Texas Education Code, §28.0095.
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