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  • FY2025 School Finance Fiscal Operations Updates

FY2025 School Finance Fiscal Operations Updates

  • Tue, Jun 18 2024  •
    • Budget Hot Topics
    • Hot Topics
    • Payment Hot Topics

Base Level Amount 15-901

2.00%/$98.29 total increase

  • $5,013.00

 

Transportation Support Level 15-945

2.08% increase to support per route mile

  • 0.5 or fewer: $2.95
  • 0.5-1.0: $2.42
  • More than 1.0: $2.95

 

District Additional Assistance (DAA) & Charter Additional Assistance (CAA) 15-185 & 15-961

2.00% increase to CAA

  • Grades PSD-8: $2,090.10
  • Grades 9-12: $2,435.97

 

Qualifying Tax Rate 41-1276

Unified School Districts & Common School Districts not within a High School District (Type 03): $3.1860

Common School Districts within High School District & High School Districts: $1.5930

 

State Aid Rollover 15-973

$800,727,700 of the FY 2025 basic state aid appropriation to school districts is deferred until July 2025. 

This is equal to FY 2024.

Does not apply to charters or school districts with less than 4,000 ADM.

 

Classroom Site Fund 15-977

$792 per weighted pupil

 

Prop 123 Additional Funding Laws 2015, 1st Special Session, Chapter 1, Section 6

$75,000,000 (FY21-FY26)

 

One Time Supplement for CAA & DAA

One-time supplemental funding for Charter Additional Assistance (CAA) and District Additional Assistance (DAA) will be allocated on a proportional basis. The additional amount received by each charter and district will increase budget capacity; districts can use their apportionment in either Maintenance & Operation or Unrestricted Capital Outlay funds.

  • CAA statewide amount: $5,858,000.00
  • DAA statewide amount: $23,142,000.00

 

One Time Supplement for FRPL

One-time supplemental funding for Free and Reduced Priced Lunch (FRPL) will be allocated on a pro rata basis using FRPL weighted ADM. The amount apportioned to each charter and district will increase budget capacity; districts can use their apportionment in either Maintenance & Operation or Unrestricted Capital Outlay funds.

  • FRPL statewide amount: $37,000,000.00

 

School Finance Fiscal Operations – Related Statutes

Arizona Department of Corrections 15-1372

Arizona Department of Juvenile Corrections 15-1371

Arizona Online Instruction 15-808

Certificates of Educational Convenience   15-825   15-976

Charter Equalization 15-185

Classroom Site Fund 15-977

College Credit by Examination Incentive Program 15-249.06

County Jails   15-913.01

County Juvenile Detention 15-913

County Small School 15-365

Definitions 15-901

Determination of equalization assistance payments from county and state funds 15-971

District Cash Advance of State Aid   15-973

District Equalization 15-943

Early Literacy Grants 15-249.09

Instructional Improvement Fund 15-979

Optional Two Hundred Days of Instruction (5% base level increase) 15-902.04

Result Based Funding

Small School Capital Transportation 15-963

Teacher Experience Index 15-941

Unorganized Territory 15-1001

View all School Finance posts

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