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
March 06, 2014
The U.S. Department of Education has advised the Texas Education Agency
that the state’s waiver request to address the issue of multiple assessments
for students taking Algebra I at the middle school level will not be granted.
February 28, 2014
The Texas Education Agency today released accreditation statuses for
school districts and charters across the state. Accreditation statuses are
based on state academic accountability ratings, the Financial Integrity Rating
System of Texas (known commonly as School FIRST), data reporting, special
program effectiveness, and compliance with statutory and regulatory
February 27, 2014
Commissioner of Education Michael
Williams announced today that Project Share, the Texas Education Agency’s
online learning community, has surpassed three million subscribers.
February 25, 2014
The February issue of the Texas Education Today newsletter offers information about new graduation requirements, missed instructional day waivers, and celebrates outstanding teachers and schools.