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
December 17, 2013
The December issue of the Texas Education Todaynewsletter provides updates on efforts to revise high school graduation requirements, the creation of a new bond guarantee program for charter schools and the latest news from the Texas Education Agency and the State Board of Education.
December 13, 2013
The Texas Education Agency (TEA) has identified Title I schools and charters eligible for additional federal funding to strengthen performance on its campuses. The identification is a component of the state’s conditional waiver from the U.S. Department of Education to specific provisions of the Elementary and Secondary Education Act (ESEA), commonly known as the No Child Left Behind (NCLB) Act of 2001.
December 09, 2013
Commissioner of Education Michael Williams announced today that he has named Monica Martinez as Associate Commissioner for Standards and Programs for the Texas Education Agency (TEA).
December 05, 2013
Commissioner of Education Michael Williams today joined Milken Family Foundation Co-Founder and Chairman Lowell Milken in presenting the 2013 Milken Educator Award to Christal Bookhamer, an eighth-grade science teacher in the Joshua Independent School District (JISD).