TX HHS Form 3008. Cost Share Collections/Refund Report

The TX HHS Form 3008, Cost Share Collections/Refund Report, is a crucial document for tracking and managing cost share collections and refunds in the TEXAS Independent Living Services Program. This form helps program administrators solve the problem of accurately recording and reconciling cost share payments and refunds, ensuring that all financial transactions are properly accounted for.

The report provides a comprehensive overview of cost share collections and refunds, including separate sections for reporting overpayments, adjustments, and insurance reimbursements. The form also includes a combined total for both cost share and refunds, as well as a breakdown of the PY Cost Share and Refunds Applied Total Remaining. This information is essential for program administrators to identify any remaining balances that need to be recouped at the end of the year.

As part of its end-of-year reconciliation process, HHSC will recoup any remaining balance. The form requires an authorized signature and date signed, ensuring accountability and transparency in the financial management of the program. Key features of this report include:

• A comprehensive breakdown of cost share collections and refunds
• A combined total for both cost share and refunds
• A breakdown of PY Cost Share and Refunds Applied Total Remaining
• End-of-year reconciliation process to recoup remaining balances