Public school districts in Texas and policymakers need studies of efficiency in the production of College, Career, and Military Ready graduates to maximize resources in the House Bill 3 funding formula and improve ratings in the Texas public school accountability system. A replication of efficiency studies by Carter (2012) and Thompson (2017), the purpose of this non-experimental quantitative study was to determine what discretionary and non-discretionary factors influence the efficiency of Texas public school districts' production of College, Career, and Military Ready graduates. With financial and student performance data for 1054 school districts from the 2017-2018 school year, Data Envelopment Analysis (DEA) was used to measure the relative efficiency of each school district. A regression analysis found a significant positive influence on school district efficiency for total student enrollment. The percentage of non-white students and instructional expenditures per pupil did not have a significant influence on school district efficiency. This research study is useful to educators, legislators, and researchers for determining the allocation of resources for programs with the ability to produce College, Career, and Military Ready graduates.