Section 222.61 - What data are used to determine a local educational agency's eligibility under section 8003(b)(2) of the Act?(a) Computations and determinations made with regard to an LEA's eligibility under section 8003(b)(2) in §§ 222.61 through 222.66 of these regulations are based on the LEA's final student, revenue, expenditure, and tax data from the third fiscal year preceding the fiscal year for which it seeks assistance.(b) Except for an LEA described in § 222.64(a)(3)(ii) , the LEAs used for meeting the applicable tax rate requirement are the comparable LEAs that are identified in § 222.74 or all LEAs in the applicant's State.(c) As used in this subpart, the phrase "tax rate for general fund purposes" means "local real property tax rates for current expenditures purposes" as defined in § 222.2 . "Current expenditures" is defined in section 8013(4) of the ESEA. Authority: 20 U.S.C. 7703(b)(2)