FY2026 Statewide Recalculation (SRC)

The FY2026 Statewide Recalculation has been completed. Please review your Statewide Recalculation adjustment through your FY2026 SRC BSA-64 report found on the School Finance Reports website.

Positive SRC Adjustments will be included in the FY2027 September payment as a lump sum adjustment to the FY2027 Equalization as shown on the BSA-64 report for the September 22, 2026 state aid payment.

Negative SRC Adjustments will be included in the FY2027 September payment as an adjustment to FY2027 Equalization as shown on the BSA-64 report for the September 22, 2026 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 9/15/2026.

With the hardship application, a minimum of 75% must be adjusted in FY27 and 25% will be adjusted in FY28. 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)