Hot Topics


Published: December 5th, 2018

FY2019 Prop 123

FY2019 Prop 123 will be distributed in two payments this year; the first will distribute $25,000,000.00. The second will distribute the remaining $25,000,000.00. Payment 1 has been calculated based on the October Classroom Site Fund counts and will be distributed mid-December 2018. The second payment will distribute in May 2019.

Posted in Hot Topics |
Published: December 3rd, 2018

FY2019 Early Literacy Grant

The FY2019 Early Literacy payment calculation has been completed. The total will be distributed over 3 payments; 50% will be distributed in December 2018, 25% will be distributed in January 2019, and the remaining balance will be distributed in April 2019. Please see the file below illustrating the distribution schedule. Districts are listed by county, and charters alphabetically. The highlighted column is the December distribution.

FY2019 Early Literacy Amounts

Posted in Hot Topics, Payment Hot Topics |
Published: November 27th, 2018

December FY 2019 BUDG25 Reports Posted

The FY 2019 BUDG25 reports have been updated, posted, and are available for download and review. To select a specific district, please click here. The updated BUDG25 report includes:

1. December 1st APOR 55-1 report values that will be posted 11/28/2018

2. Expenditure budget revisions processed through 11/25/2018, and

3. FY 2018 Budget Balance Carry Forward amounts for M&O and URC as calculated by the ADE.  NOTE:  if the district was calculated as being over expended on the FY 2018 BUDG75 report, a zero will be displayed for the BBCF and the over expenditure amount for either or both funds will be included on the FY 2019 January BUDG25 report.

If you are over expended by more than 1% of the GBL in M&O or Unrestricted Capital, a December revision is required. If you are over expended by less than 1% of the GBL, a December revision is optional.

Reminder: each time the budget is revised, please update the district contacts page if needed.

Please email the budget team with any budget-related questions or concerns at [email protected].

Posted in Hot Topics |
Published: November 9th, 2018

FY 2018 BUDG75 Reports Have Been Published

The FY 2018 BUDG75 Reports have been published to the School Finance website and are available for download and review. The BUDG75 report reflects the 2018 statewide recalculation and any FY 2018 budget or AFR file submissions successfully processed into the system as of November 06, 2018.

Districts receive an adjustment for under budgeted RCL due to the statewide recalculation.

To select a specific District, please click the following link: https://www.ade.az.gov/Budget/EntitySelection.asp.

Please email the budget team with any questions or concerns at [email protected].

Thank you.

Posted in Budget Hot Topics, Hot Topics |
Published: November 8th, 2018

Report of Special Election Results

Districts are required to report Special Election results, whether passed or failed, to the Arizona Department of Education, School Finance, within 15 days of the election. Districts will complete a Report of Special Election Results form, and once accurately completed, email the form to the School Finance Budget Team ([email protected]).

The fillable form may not function correctly in the browser view.  To maintain the form’s fillable functionality, right click on the link (Report of Special Election Results), and download/save the form to the chosen workspace. Please rename the form to include the district’s name before emailing the form as an attachment to the budget team.

Thank you.

Posted in Budget Hot Topics, Hot Topics |
Published: October 31st, 2018

FY2019 Results-Based Funding

FY19 Results-Based Funding has been calculated based on Spring 2017 AZMerit results.

To be eligible:

 

Average Passing % (Column I)  >= 67.5%         $225
Average Passing % (Column I) >=  44.25% AND FRL % (Column K) >= 60% $400
Alternative School with Grade Letter A (Column J)         $400

 

A list of calculations can be seen below:

FY19 Results-Based Funding Calculation

Posted in Hot Topics, Payment Hot Topics |
Published: October 26th, 2018

FY2019 BUDG25 Verification Letters & November BUDG25 Reports Posted

On 10/24/2018, and in accordance with A.R.S. §15-905(E), the FY2019 BUDG25 Budget Verification Letters, and the corresponding FY2019 November BUDG25 reports, were posted to each applicable district budgets homepage of the ADE School Finance website.

To download and review a specific district from the ADE School Finance website, please click here.

Please email any budget questions or concerns to the School Finance budget team at [email protected] .

Thank you!

Posted in Budget Hot Topics, Hot Topics |