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(a) - (d)(No change.)
(e)The TEA will base the financial accountability
rating of a school district on its overall performance on the financial
measurements, ratios, and other indicators established by the commissioner,
as shown in the figures provided in this subsection. Financial accountability
ratings for a rating year are based on the data from the immediate
prior fiscal year.
(1) - (7)(No change.)
(8)The financial accountability rating
indicators for rating year 2023-2024 are based on fiscal year 2023
financial data and are provided in the figure in this paragraph entitled
"School FIRST - Rating Worksheet Dated June 2024 for Rating Years
2023-2024+." The financial accountability rating indicators for rating
years after 2023-2024 will use the same calculations and scoring method
provided in the figure in this paragraph.
Attached Graphic
(9)[(8)] The specific calculations
and scoring methods used in the financial accountability rating worksheets
for school districts for rating years prior to 2014-2015 remain in
effect for all purposes with respect to those rating years.
(f)The TEA will base the financial accountability
rating of an open-enrollment charter school on its overall performance
on the financial measurements, ratios, and other indicators established
by the commissioner, as shown in the figures provided in this subsection.
Financial accountability ratings for a rating year are based on the
data from the immediate prior fiscal year.
(1) - (7)(No change.)
(8)The financial accountability rating
indicators for rating year 2023-2024 are based on fiscal year 2022
financial data and are provided in the figure in this paragraph entitled
"Charter FIRST - Rating Worksheet Dated June 2024 for Rating Years
2023-2024+." The financial accountability rating indicators for rating
years after 2023-2024 will use the same calculations and scoring method
provided in the figure in this paragraph.
Attached Graphic
(9)[(8)] The specific calculations
and scoring methods used in the financial accountability rating worksheets
for open-enrollment charter schools for rating years prior to 2014-2015
remain in effect for all purposes with respect to those rating years.
(g) - (q)(No change.)
The agency certifies that legal counsel has reviewed
the proposal and found it to be within the state agency's legal authority
to adopt.
Filed with the Office
of the Secretary of State on February 12, 2024
TRD-202400557 Cristina De La Fuente-Valadez
Director, Rulemaking
Texas Education Agency
Earliest possible date of adoption: March 24, 2024
For further information, please call: (512) 475-1497
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