Payment Hot Topics

FY 2025 Prop 123 Payment 1

Fiscal Year 2024 Statewide Recalculation (SRC) has been completed.

FY2025 Fiscal Operations Updates

FY 2024 Prop 123 and One-Time Supplemental Payment 2.

A.R.S. § 15-915 2023 Timelines

The FY 2025 API is available from 06/01/2024 to 07/15/2025.

BUDG-25 reports for all school districts have been posted to the School Finance website. FY 2024 March BUDG-25 reports have been calculated using the FY 2024 March BSA-55 information.

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.

School Finance has manually calculated initial add-on payments for gifted students in accordance with Laws 2021, Chapter 404 and the files below describe the calculation process and details for each district and charter.

The $75 million additional funding provided by Proposition 123 (Laws 2015, 1st Special Session, Chapter 1) for FY 2024 will be distributed in two payments: $37.5 by November 30, 2023 and $37.5 million in May 2024.