diff --git a/lib/classes/text.php b/lib/classes/text.php
index b3b3164fc3f..f72b3105419 100644
--- a/lib/classes/text.php
+++ b/lib/classes/text.php
@@ -75,13 +75,17 @@ class core_text {
     }
 
     /**
-     * Reset internal textlib caches.
-     * @static
      * @deprecated since Moodle 4.0. See MDL-53544.
-     * @todo To be removed in Moodle 4.4 - MDL-71748
      */
-    public static function reset_caches() {
-        debugging("reset_caches() is deprecated. Typo3 has been removed and caches aren't used anymore.", DEBUG_DEVELOPER);
+    #[\core\attribute\deprecated(
+        'core_text::reset_caches',
+        since: '4.0',
+        reason:'Typo3 has been removed and caches aren\'t used anymore.',
+        mdl: 'MDL-53544',
+        final: true,
+    )]
+    public static function reset_caches(): void {
+        \core\deprecation::emit_deprecation_if_present([self::class, __FUNCTION__]);
     }
 
     /**
diff --git a/lib/upgrade.txt b/lib/upgrade.txt
index 49ec5e12f8e..aa61077b8f7 100644
--- a/lib/upgrade.txt
+++ b/lib/upgrade.txt
@@ -1,6 +1,10 @@
 This files describes API changes in core libraries and APIs,
 information provided here is intended especially for developers.
 
+=== 4.5 ===
+
+* Final deprecation and removal of the function core_text::reset_caches().
+
 === 4.4 ===
 
 * New modinfo methods related to delegated sections (sections controlled by a component):