Texas Statutes
Subchapter F. Financing the Program
Section 48.272. Recovery of Overallocated Funds

Sec. 48.272. RECOVERY OF OVERALLOCATED FUNDS. (a) If a school district has received an overallocation of state funds, the agency shall, by withholding from subsequent allocations of state funds for the current or subsequent school year or by requesting and obtaining a refund, recover from the district an amount equal to the overallocation.
(b) Notwithstanding Subsection (a), the agency may recover an overallocation of state funds over a period not to exceed the subsequent five school years if the commissioner determines that the overallocation was the result of exceptional circumstances reasonably caused by statutory changes to Chapter 46 or 49 or this chapter and related reporting requirements.
(c) If a district fails to comply with a request for a refund under Subsection (a), the agency shall certify to the comptroller that the amount constitutes a debt for purposes of Section 403.055, Government Code. The agency shall provide to the comptroller the amount of the overallocation and any other information required by the comptroller. The comptroller may certify the amount of the debt to the attorney general for collection.
(d) Any amounts recovered under this section shall be deposited in the foundation school fund.
(e) Subject to Subsection (f), the agency may review a school district as necessary to determine if the district qualifies for each allotment received by the district under this chapter. If the agency determines that a school district received an allotment to which the district was not entitled, the agency may establish a corrective action plan or withhold the applicable amount of funding from the district.
(f) The agency may not review school district expenditures that occurred seven or more years before the review.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Amended by:
Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 57.24, eff. September 28, 2011.
Transferred, redesignated and amended from Education Code, Section 42.258 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.042, eff. September 1, 2019.

Structure Texas Statutes

Texas Statutes

Education Code

Title 2 - Public Education

Subtitle I - School Finance and Fiscal Management

Chapter 48 - Foundation School Program

Subchapter F. Financing the Program

Section 48.251. Financing; General Rule

Section 48.252. School District Entitlement for Certain Students

Section 48.253. Additional State Aid for Tax Increment Financing Payments

Section 48.254. Additional State Aid for Ad Valorem Tax Credits Under Texas Economic Development Act

Section 48.2541. Additional State Aid for Certain Ad Valorem Tax Refunds

Section 48.2542. Additional State Aid for Adjustment of Limitation on Tax Increases on Homestead of Elderly or Disabled

Section 48.2543. Additional State Aid for Homestead Exemption

Section 48.255. State Compression Percentage

Section 48.2551. Maximum Compressed Tax Rate

Section 48.2552. Limitation on Maximum Compressed Rate

Section 48.2553. Permitted Tax Rate for Maintenance of 2020-2021 School Year Basic Allotment

Section 48.2556. Posting on Agency Website of Information Related to Reduction of Limitation of Tax on Homesteads of Elderly or Disabled

Section 48.256. Local Share of Program Cost (Tier One)

Section 48.257. Local Revenue Level in Excess of Entitlement

Section 48.258. Adjustment for Rapid Decline in Taxable Value of Property

Section 48.259. Adjustment for Optional Homestead Exemption

Section 48.260. Adjustment for Property Value Affected by State of Disaster

Section 48.261. Reimbursement for Disaster Remediation Costs

Section 48.2611. One-Time Reimbursement for Winter Storm Uri

Section 48.262. Adjustments for Certain Districts Receiving Federal Impact Aid

Section 48.263. Adjustment for District Operating Pilot Program

Section 48.264. Adjustment for Certain Districts With Early High School Graduation Programs

Section 48.2642. Adjustments for Texas First Early High School Completion Program Graduates

Section 48.265. Excess Funds for Video Surveillance of Special Education Settings

Section 48.266. Distribution of Foundation School Fund

Section 48.267. Adjustment by Commissioner

Section 48.268. Adjustment for Resolution of Dispute or Error Resulting in Taxation of Same Property by Multiple School Districts

Section 48.269. Estimates Required

Section 48.270. Falsification of Records; Report

Section 48.271. Effect of Appraisal Appeal

Section 48.272. Recovery of Overallocated Funds

Section 48.2721. Recovery of Funds From Excessive Taxation

Section 48.273. Foundation School Fund Transfers

Section 48.274. Foundation School Fund Transfers to Certain Charter Schools

Section 48.275. Use of Certain Funds

Section 48.277. Formula Transition Grant

Section 48.278. Equalized Wealth Transition Grant

Section 48.279. Maintenance of State Financial Support for Special Education

Section 48.281. Maintenance of Effort and Equity for Federal Money Related to Covid-19 Pandemic