Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 19. EDUCATION |
PART 2. TEXAS EDUCATION AGENCY |
CHAPTER 61. SCHOOL DISTRICTS |
SUBCHAPTER AA. COMMISSIONER'S RULES ON SCHOOL FINANCE |
SECTION 61.1001. Prior Year Maximum Compressed Tax Rate
Latest version.
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(a) This section, made pursuant to Texas Education Code (TEC), §48.011 and §48.004, addresses calculations in TEC, §48.2551. (b) For purposes of determining a district's maximum compressed tax rate (MCR) under TEC, §48.2551(b), for the 2020-2021 school year, the value of the district's prior year MCR is $0.93. Source Note: The provisions of this §61.1001 adopted to be effective March 30, 2020, 45 TexReg 2157