FY2019 Statewide Equalization Recalculation

Published: August 7th, 2019

The FY2019 Statewide Equalization Recalculation has been completed.

District: The positive adjustments will be included in the September 1st payment and negative adjustment will be included in the October 1st payment through the APOR64-1 report. Positive adjustments will be included as lump sum adjustments; whereas the negative adjustments will be taken over the entire fiscal year, 3/12ths taken in October and 1/12th each payment thereafter.

Charter: The positive adjustments will be included in the September 1st payment and negative adjustment will be included in the October 1st payment through the CHAR64-1 report as a lump sum adjustment. The negative adjustments will be taken over the entire fiscal year, 3/12ths taken in October and 1/12th each payment thereafter.

 

Please see the FY19 statewide recalculation amount in the following spreadsheet.  FY2019 Statewide Equalization Recalculation Adjustments

 

Pursuant to A.R.S § 15-915, hardship requests are available. Please complete the Hardship Application and submit to [email protected] by 8/21/2019.

 

With the hardship application, a minimum of 75% must be adjusted in FY20 and 25% will be adjusted in FY21. Adjustments will begin with the October 1 payment. Please include all questions regarding these adjustments in your e-mail, with the completed form attached. Exceptions for severe scenarios may be made.