Arizona Laws 15-950. Revenue control limits for new school districts
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A resulting common, high or unified school district after consolidation of school districts as provided in section 15-459, subsection B, paragraph 2 or 3 or subsection C shall determine, in the first budget year, its allowable revenue control limit as follows:
Terms Used In Arizona Laws 15-950
- 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
1. Determine the allowable revenue control limit for the budget year for each of the school districts to be consolidated as it would have been in the absence of the consolidation.
2. Add the revenue control limits determined in paragraph 1 of this section. The sum is the revenue control limit of the resulting school district in the first year for which a budget is computed.