Arizona Laws 15-908. Revenue control limit for school district after consolidation
A resulting school district after consolidation of a school district and unorganized territory or areas within another school district as provided in section 15-459, subsection C or section 15-460, subsection A shall compute its allowable revenue control limit for the first budget year as follows:
Terms Used In Arizona Laws 15-908
- Budget year: means the fiscal year for which the school district is budgeting and that immediately follows the current year. See Arizona Laws 15-901
- Revenue control limit: means the base revenue control limit plus the transportation revenue control limit. See Arizona Laws 15-901
- School district: means a political subdivision of this state with geographic boundaries organized for the purpose of the administration, support and maintenance of the public schools or an accommodation school. See Arizona Laws 15-101
- Student count: means average daily membership as prescribed in this subsection for the fiscal year before the current year, except that for the purpose of budget preparation student count means average daily membership as prescribed in this subsection for the current year. See Arizona Laws 15-901
1. Divide the allowable revenue control limit for the budget year of the school district before consolidation by the student count for the school district for the budget year.
2. Multiply the quotient obtained in paragraph 1 of this section by the student count of the resulting school district for the budget year. The product is the revenue control limit of the resulting school district in the first budget year.
3. The student count used for unorganized territory is the student count of pupils who resided in the unorganized territory before consolidation.