The Senate Finance Committee heard testimony from the Legislative Budget Board and the Texas Education Agency on Tuesday morning about the state of public school finance. This presentation contained an extensive amount of numbers that paint a picture of how public schools are being funded now and in future years, should Senate Bill 1 be passed as is. Senate Bill 1, filed by Sen. Jane Nelson, R-Flower Mound, is the Senate's first draft of the budget for the upcoming biennium. Here are the numbers you need to know about Texas public education finance as it stands: 1. In FY 2016-17, 49 percent of Texas districts have property tax rates set at $1.04. This percentage is down from FY 2009-10, when two-thirds of districts taxed at this rate. Currently over a third of Texas districts tax at the maximum rate of $1.17. In FY 2009-10, the number of districts taxing at this rate was 17 percent. 2.  Since FY 2004, the number of districts paying recapture has grown from 125 to 229. That number is expected to increase to 264 by FY 2019, should SB1 be passed. 3. The state's share of the school funding formula has decreased from 45.9 percent in FY 2011-12 to 41 percent in FY 2016-17. If SB1 is passed, state funding will continue to decrease to 39.6 percent in FY 2017-18 and 37.9 percent in FY 2018-19. This means local districts will have to pick up 62.1 percent of the public education bill by FY 2019. 4. In the past biennium, the percentage of school finance funding coming from recapture ranged from 3-5 percent. In FY 2018-19, the portion will grow to 6 percent. 5. Rising property values will relieve the state from roughly $3.56 billion in state funds to the school finance formula in FY 2018-19. View the full Legislative Budget Board report here regarding the current state of school finance.