Fiscal Year 2024 County Equalization Adjustments

In pursuant to Arizona Revised Statute 15-992-F and starting with the Fiscal Year 2024 February district state-aid payment, School Finance has included adjustments on the BSA-64 report for the county equalization assistance.

This adjustment was calculated by taking each district’s Fiscal Year 2024 January state-aid equalization amount and dividing that by the county total Fiscal Year 2024 January district state-aid equalization amount to get each district’s percentage of the county equalization total. That percentage was then multiplied by the reported county total equalization amount provided by each county. This proportion of the reported county equalization amount is what each district will have their Fiscal Year 2024 state-aid equalization amount adjusted by.

Please see the attached worksheet for the data involved in this calculation.

Please contact School Finance Payment Team at [email protected] for any questions.

Thank you!