FY2021 School Finance Fiscal Operations Updates

Published: July 1st, 2020

 

FY2021 School Finance Fiscal Operations Updates

 

Base Level Amount 15-901

$4,305.73 ($4,359.55 w/1.25% Teacher Compensation 15-952)

$155.30/3.74% total increase

$72.22/ 1.74% inflation

$83.08/ Teacher Salary Increase

Additional funding for teacher salary increase distributed through Classroom Site Fund

 

Transportation Support Level 15-945

1.74% inflation to state support level per route mile (based on miles per eligible student transported)

0.5 or fewer: $2.74

0.5-1.0: $2.24

More than 1.0: $2.74

 

District Additional Assistance (DAA) and Charter Additional Assistance (CAA) 15-185 and 15-961

1.74% inflation to CAA per student count

Grades PSD-8: $1,875.21

Grades 9-12: $2,185.53

No change to DAA per student count

 

FY 2021 reduction to DAA and CAA

DAA reduction: $64,367,400

CAA reduction: $3,407,200

Reductions to DAA and CAA eliminated in FY 2022

 

Qualifying Tax Rate

Unified School Districts and Common School Districts not within a High School District (Type 03): $3.6742

Common School Districts within High School District and High School Districts: $1.8371

 

State Aid Rollover Laws 2020, Chapter 58, Section 114

$930,727,700 of the FY21 basic state aid appropriation to school districts is deferred until July 2021 (no change from FY20 amount deferred). Does not apply to charters or school districts with less than six hundred ADM.

 

Classroom Site Fund 15-977

$425 per weighted pupil (includes $40 per weighted pupil for teacher salary increase)

 

Prop 123 Additional Funding Laws 2015, 1st Special Session, Chapter 1, Section 6

$75,000,000 (FY21-FY26)

 

Results-Based Funding Laws 2020, Chapter 49, Section 8

$68,600,000 allocated based on Spring 2019 AZ Merit Test Results notwithstanding 15-249.08

 

Certificates of Educational Convenience   Forms/Memos   15-825/ 15-976

School Finance is no longer accepting copies of certificates throughout the fiscal year. Counties will submit one electronic data sheet June 30, 2021 for all certificates issued the FY2020-2021 year.

 

School Finance Fiscal Operations – Related Statutes

Additional Monies for Teacher Compensation (1.25% base level increase) 15-952

Arizona Department of Corrections 15-1372

Arizona Department of Juvenile Corrections 15-1371

Arizona Online Instruction 15-808

Certificates of Educational Convenience   15-825   15-976

Charter Equalization 15-185

Classroom Site Fund 15-977

College Credit by Examination Incentive Program 15-249.06

County Jails   15-913.01

County Juvenile Detention 15-913

County Small School 15-365

Definitions 15-901

Determination of equalization assistance payments from county and state funds 15-971

District Cash Advance of State Aid   15-973

District Equalization 15-943

Early Literacy Grants 15-249.09

Instructional Improvement Fund 15-979

Optional Two Hundred Days of Instruction (5% base level increase) 15-902.04

Result Based Funding 15-249.08

Small School Capital Transportation 15-963

State equalization assistance property tax levy 15-994

Teacher Experience Index 15-941

Unorganized Territory 15-1001