FY2025 Statewide Recalculation

The FY2025 Statewide Recalculation has been completed. Please review your Statewide Recalculation adjustment through your FY2025 SRC BSA-64 report found on the School Finance Reports website.

Positive SRC Adjustments will be included in the FY2026 September payment as a lump sum adjustment to the FY2026 Equalization as shown on the BSA-64 report for the September 22, 2025 state aid payment.

Negative SRC Adjustments will be included in the FY2026 September payment as an adjustment to FY2026 Equalization as shown on the BSA-64 report for the September 22, 2025 state aid payment and will be taken over the entire fiscal year; 3/12ths will be taken in September and 1/12th each payment thereafter.

Pursuant to A.R.S § 15-915, hardship requests are available. Please complete the Hardship Application and submit to [email protected] by 9/10/2025.

With the hardship application, a minimum of 75% must be adjusted in FY25 and 25% will be adjusted in FY26. Adjustments will begin with the September payment. Please include all questions regarding these adjustments in your e-mail with the completed form attached. Exceptions for severe scenarios may be made.

Questions or concerns regarding the recalculated ADM/SPED should be submitted through a Help Desk School Finance Account Analyst Support Request.

Please see Guidelines for Requesting Prior Year Corrections to State Aid or Budget Capacity (ARS § 15-915)