Tex. Educ. Code Section 44.011
Financial Exigency

(a)

The board of trustees of a school district may adopt a resolution declaring a financial exigency for the district. The declaration expires at the end of the fiscal year during which the declaration is made unless the board adopts a resolution before the end of the fiscal year declaring continuation of the financial exigency for the following fiscal year.

(b)

The board is not limited in the number of times the board may adopt a resolution declaring continuation of the financial exigency.

(c)

A board may terminate a financial exigency declaration at any time if the board considers it appropriate.

(d)

Each time the board adopts a resolution under this section, the board must notify the commissioner. The commissioner by rule shall prescribe the time and manner in which notice must be given to the commissioner under this subsection.

(e)

The commissioner by rule shall adopt minimum standards concerning school district financial conditions that must exist for declaration of a financial exigency by the board of trustees of the district.
Added by Acts 2011, 82nd Leg., 1st C.S., Ch. 8 (S.B. 8), Sec. 19, eff. September 28, 2011.

Source: Section 44.011 — Financial Exigency, https://statutes.­capitol.­texas.­gov/Docs/ED/htm/ED.­44.­htm#44.­011 (accessed Apr. 20, 2024).

44.001
Fiscal Guidelines 44.002
Preparation of Budget 44.003
Records and Reports 44.004
Notice of Budget and Tax Rate Meeting 44.005
Filing of Adopted Budget 44.006
Effect of Adopted Budget 44.007
Accounting System 44.008
Annual Audit 44.009
Financial Reports to Commissioner or Agency 44.010
Review by Agency 44.0011
Fiscal Year 44.011
Financial Exigency 44.031
Purchasing Contracts 44.032
Enforcement of Purchase Procedures: Criminal Penalties 44.034
Notification of Criminal History of Contractor 44.035
Adoption of Uniform General Conditions for School District Building Construction Contracts 44.0041
Publication of Summary of Proposed Budget 44.042
Preference to Texas and United States Products 44.043
Right to Work 44.044
Contract with Person Indebted to School District 44.047
Purchase or Lease of Automated External Defibrillator 44.0051
Posting of Adopted Budget 44.051
Interference with Operation of Foundation School Program 44.052
Failure to Comply with Budget Requirements 44.053
Failure of Municipal Officer to Make Treasurer’s Report 44.054
Failure to Transfer Students and Funds 44.0071
Computation of Instructional Expenditures Ratio and Instructional Employees Ratio 44.151
Actions Brought for Defective Design, Construction, Renovation, or Improvement of School District Facility 44.152
Attorney General Enforcement of School District Duties Following Certain Actions 44.0311
Applicability to Junior College Districts 44.0312
Delegation 44.0313
Procedures for Electronic Bids or Proposals 44.0331
Management Fees Under Certain Cooperative Purchasing Contracts 44.0351
Competitive Bidding 44.0352
Competitive Sealed Proposals 44.0411
Change Orders 44.901
Energy Savings Performance Contracts 44.902
Long-range Energy Plan to Reduce Consumption of Electric Energy 44.904
Pay for Success Programs 44.908
Expenditure of Local Funds
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Accessed:
Apr. 20, 2024

§ 44.011’s source at texas​.gov