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VideoTASBO on an RDSPD Accounting Change Under HB 2
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In an article for the Texas Association of School Business Officials (TASBO), Weaver’s Greg Peterson explains how the shift from grant funding to a Foundation School Program formula allotment changes the way RDSPD fiscal agents should account for the revenue and what business offices should consider as they prepare for year-end reporting and audits.
Beginning with the 2025-26 school year, RDSPD funding is provided through the Foundation School Program rather than through a grant program. Peterson outlines what that change means for revenue recognition and fund accounting, including considerations for fiscal agents and member districts.
“The biggest operational change for business offices is how the revenue should be recorded.”
