Board Agenda - February 06, 2007

m. Contract for the education of non-resident students under Chapter 41

Presenter: Richard Matkin

Purpose: A - Request decision - closure required

Time: No time limit

Description:

The Contracts submitted for the Education of Non-Resident Students are made and entered into by and between the Plano Independent School District and the Partner Districts pursuant to the Texas Education Code, Chapter 41, Subchapters A, D, and E and rules adopted by the Commissioner of Education as authorized by Section 41.006, Texas Education Code. The primary purpose of these Contracts is to reduce PISD's wealth per weighted student in average daily attendance ("WADA") to the statutorily required wealth level as established by the Texas Education Code, Section 41.002.

The State extended the time for submitting WADA contracts due to the time necessary to interpret legislative action.

The Administration is submitting for your approval three additional contracts:
DeKalb ISD - 1,057 WADA
Malta ISD - 201 WADA
Pewitt CISD - 1,381 WADA

The District will save $360,619 in Efficiency Credits through these three agreements.

The Contracts are effective on September 1, 2006 and expire on August 31, 2007. The Contracts shall be in effect only after approval by the Boards of Trustees of both the PISD and the Partner, and approval as to form by the Texas Commissioner of Education.

Copies of Contracts are available for public review in the Business Services Department.

Recommendation:

The Administration recommends that the Board approve the Contracts for the Education of Non-Resident Students between Plano ISD and the Partner Districts as submitted for the school year 2006-07 and the corresponding Memorandum of Cash Flow Agreement.

Business Impact:

$360,619 Estimated Recapture Savings

Summary:

Appendix:

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