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

 

 

 

April 22, 2014

Survey on new financial accountability indicators now available

A brief survey asking for input on the indicators that will form the new financial accountability system required by House Bill 5 is now available on the TEA website’s home page. The survey will be open until May 18. If you have any questions, please contact the Financial Accountability Division at (512) 463-9238.

April 17, 2014

Two Texas students selected for National Youth Science Camp

The Texas Education Agency today announced that two students have been selected to represent Texas as delegates to the 2014 National Youth Science Camp. The National Youth Science Camp, one of the nation’s premier programs in secondary science education, is an annual summer forum where two delegates representing each state exchange ideas with leading scientists and other professionals from academic and corporate worlds.

April 14, 2014

Commissioner Williams to appoint Beaumont ISD Board of Managers

  Texas Commissioner of Education Michael Williams today announced his decision to appoint a board of managers to oversee the management of the Beaumont Independent School District (BISD). The Commissioner also announced his intent to name a new superintendent for the district.

April 11, 2014

Proclamation 2016 to include ethnic studies materials

 The State Board of Education Friday broadened its call for new textbooks for Special Topics in Social Studies to include but not be limited to, Mexican American Studies, African American Studies, Native American Studies and Asian American Studies.