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Chapter 41 Wealth Equalization

Chapter 41 of the Texas Education Code makes provisions for certain school districts to share their local tax revenue with other school districts. For the purposes of the school finance system in Texas, districts are designated as either property wealthy or property poor. The relative wealth of the school district is measured in terms of  the taxable value of property that lies within the school district borders divided by the number of students in weighted average daily attendance (WADA). Chapter 41's provisions are sometimes referred to as the "share the wealth" or "Robin Hood" plan because districts that are deemed to be property wealthy are required to share their wealth with property-poor school districts. The funds that are distributed by the property-wealthy districts are "recaptured" by the school finance system to assist with financing of public education in school districts that are property poor.   

Law and Rules 

Chapter 41 Information and Resources  

 Chapter 41 Correspondence

 Chapter 41 Manuals 

Chapter 41 Districts 

Chapter 41 Wealth Equalization Data


For more information, contact:

State Funding Division
Kim Wall 
(512) 463-4809
kim.wall@tea.state.tx.us

 

 

 

Page last modified on 2/21/2014 02:04:58 PM.