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  • FY2022 Statewide Recalculation

FY2022 Statewide Recalculation

  • Thu, Sep 8 2022  •
    • Hot Topics
    • Payment Hot Topics

The FY2022 Statewide Recalculation has been completed and a list of results can be seen in the file linked below; Charters and Districts are listed alphabetically.

 

FY2022 Statewide Recalculation Adjustment

 

Positive SRC Adjustments will be included in the FY2023 September payment as a lump sum adjustment to FY2023 Equalization on the BSA64-1 report for September 2022.

 

Negative SRC Adjustments will be included in the FY2023 September payment as an adjustment to FY2023 Equalization on the BSA64-1 report for September 2022 and will be taken over the entire fiscal year; 3/12ths taken in September and 1/12th each payment thereafter.

 

Pursuant to A.R.S § 15-915, hardship requests are available. Please complete the Hardship Application and submit to [email protected] by 9/30/2022.

 

With the hardship application, a minimum of 75% must be adjusted in FY23 and 25% will be adjusted in FY24. Adjustments will begin with the September payment. Please include all questions regarding these adjustments in your e-mail, with the completed form attached. Exceptions for severe scenarios may be made.

 

Questions or concerns regarding the recalculated ADM/SPED should be submitted through a Help Desk School Finance Account Analyst Support Request.

 

Please see Guidelines for Requesting Prior Year Corrections to State Aid or Budget Capacity (ARS § 15-915)

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