FY2023 Statewide Recalculation
- Mon, Sep 18 2023 •
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The FY2023 Statewide Recalculation has been completed and a list of results can be seen in the file linked below; Charters and Districts are listed alphabetically.
FY2023 Statewide Recalculation Adjustment
Positive SRC Adjustments will be included in the FY2024 September payment as a lump sum adjustment to FY2024 Equalization on the BSA64 report for September 2023.
Negative SRC Adjustments will be included in the FY2024 September payment as an adjustment to FY2024 Equalization on the BSA64 report for September 2023 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 9/30/2023.
With the hardship application, a minimum of 75% must be adjusted in FY24 and 25% will be adjusted in FY25. 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.
Additional adjustments made during the SRC calculation include:
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)
