TX HHS Form 3008. Cost Share Collections/Refund Report

The TX HHS Form 3008, Cost Share Collections/Refund Report, is a crucial document used to track and manage cost share collections and refunds for the TEXAS Independent Living Services Program. This form helps program administrators and financial managers keep accurate records of cost share payments and refunds, ensuring that all transactions are properly accounted for.

This report provides a comprehensive overview of cost share collections and refunds, including details on overpayments, adjustments, and insurance reimbursements. The Combined Cost Share and Refunds Total section allows users to track the overall balance of these transactions throughout the program year. Additionally, the PY Cost Share and Refunds Applied and Total Remaining sections enable administrators to monitor the application of cost shares and any remaining balances.

The form also includes important notes and instructions for users. Specifically, it highlights that HHSC will recoup any remaining end-of-year balance as part of its end-of-year reconciliation process. This underscores the importance of accurate record-keeping and timely reporting to ensure compliance with program requirements. By using this form, program administrators can efficiently manage cost share collections and refunds, ensuring transparency and accountability in their financial transactions.