FY 2015 Statewide Recalculation
The Fiscal Year 2015 Statewide Recalculation has been completed. This is based on data submitted by June 30, 2015 (brick and mortar) and July 15, 2015 (AOI). Positive payment adjustments will be included in the FY 2016 September payment by APOR/CHAR 64-1 report as the lump sum adjustment. Negative payment adjustments are to be taken over the entire fiscal year, beginning with the October payment; with 3/12ths taken in October and 1/12th each month after. Hardship applications are available if a district/charter needs to spread the adjustment out over two fiscal years instead of one. In an approved hardship situation, 75% will be taken back in FY 2016 and 25% will be taken in FY 2017. Hardship applications can be found through the link below and must be received no later than September 15, 2015. Please email the form to Xin.Liu@azed.gov.