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
April 22, 2014
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
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
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
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