Issue Date: 2017-09-01
Revised Date: 2020-01-02

Legal Cites

Object Type

Cash — Education

Origin Date

S.B. 7, 73rd Leg., R.S.


Revenue collected from school districts subject to recapture. School districts with property wealth per student that exceeds the statutory limit established in Texas Education Code, Chapter 49, must select one of five statutorily established options for reducing wealth. The most commonly selected option is to remit funds directly to the state. Those revenues are then used as a method of financing state aid through the Foundation School Program. 

Due Date

Recapture receipts from the prior year (also known as “settle up”) are collected from Chapter 49 districts that have been underpaid in September/October (near-final settle up) through April/May (final settle up) and refunded to Chapter 49 districts that have overpaid. Current year recapture receipts are collected from February through August. 

Collecting Agencies


These receipts were previously recorded under Revenue Object 3802 – Reimbursements – Third Party. Receipts recorded under new revenue object beginning September 1, 2017.

H.B. 3, 86th Leg., R.S. repealed Ch. 41 and moved applicable sections to new Ch. 49.

USAS Values

Appropriation Year 24
Receipt Category 14 – Other
Receipt Type 90 – Other Receipts
Object Group 22 – Refund of Expenditure
USAS Status A
Rev/Exp Category 05 – OTHER REVENUE