Arizona School Finance The Equalization Formula. How many parents? Does treating your kids fairly...
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![Page 1: Arizona School Finance The Equalization Formula. How many parents? Does treating your kids fairly mean: Spending equally on them? Spending equally on.](https://reader036.fdocuments.us/reader036/viewer/2022072011/56649e195503460f94b05a2b/html5/thumbnails/1.jpg)
Arizona School Arizona School FinanceFinance
The Equalization The Equalization FormulaFormula
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How many parents?How many parents?
Does treating your kids fairly mean:Does treating your kids fairly mean:
Spending equally on them?Spending equally on them?
Buying them identical products?Buying them identical products?
Spending equal time with each Spending equal time with each child?child?
Participating in identical Participating in identical activities?activities?
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Equalization – My Equalization – My DefinitionDefinition Equalization is the process of Equalization is the process of
providing equal funding for all providing equal funding for all students in Arizona based on the students in Arizona based on the student’s individual needs.student’s individual needs.
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Student WeightsStudent Weights
Size of the District/Isolation Size of the District/Isolation StatusStatus
Grade LevelGrade Level
Special EducationSpecial Education
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Teacher Experience Teacher Experience IndexIndex Teacher Experience Index (TEI)Teacher Experience Index (TEI)
– Calculates the average experience of Calculates the average experience of the certified teachers at a Districtthe certified teachers at a District
– District avg. is compared to State avg.District avg. is compared to State avg.
– If District avg. exceeds State avg. If District avg. exceeds State avg. they are awarded additional funding, they are awarded additional funding, if not then there is no penalty.if not then there is no penalty.
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Transportation FundingTransportation Funding
Approved Daily Route MilesApproved Daily Route Miles
Miles traveled per studentMiles traveled per student
Field Trips, Extended Year Field Trips, Extended Year HandicapHandicap
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Equalization BaseEqualization Base
The amount yielded by the per The amount yielded by the per pupil formula.pupil formula.
The base for determining how The base for determining how much funding will be made much funding will be made available to a District.available to a District.
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Equalization AssistanceEqualization Assistance
The amount of State funding The amount of State funding generated by the per pupil generated by the per pupil formula.formula.
Equalization Assistance equals Equalization Assistance equals the Equalization Base minus the the Equalization Base minus the Qualifying Levy.Qualifying Levy.
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Average Daily Average Daily MembershipMembership The number of students credited to The number of students credited to
the District in the per pupil formula.the District in the per pupil formula.
Based on Enrollment not Based on Enrollment not Attendance.Attendance.
Currently the first 100 days but will Currently the first 100 days but will change to 4 specific dates.change to 4 specific dates.
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Here come the Here come the numbers….numbers…. Total Weighted Student CountTotal Weighted Student Count
The Base Support Level (BSL)The Base Support Level (BSL)
TSL/TRCLTSL/TRCL
Revenue Control LimitRevenue Control Limit
CORL/SCACORL/SCA
Equalization AssistanceEqualization Assistance
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Total Weighted Student Total Weighted Student CountCount Group A – Multiply ADM by the Group A – Multiply ADM by the
appropriate grade level weight.appropriate grade level weight.
Group B – Multiply ADM for Group B – Multiply ADM for students with needs by the students with needs by the weight for that need.weight for that need.
Total = Group A + Group BTotal = Group A + Group B
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The Base Support LevelThe Base Support Level
A Base Level is established for all A Base Level is established for all Districts and may be increased Districts and may be increased only under certain circumstances.only under certain circumstances.
BSL = Total Weighted Student BSL = Total Weighted Student Count * Base Level * TEI + Count * Base Level * TEI + AdjustmentsAdjustments
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TSL vs. TRCLTSL vs. TRCL
The Transportation Support Level The Transportation Support Level (TSL) is primarily based on (TSL) is primarily based on Approved Daily Route Miles and Approved Daily Route Miles and Eligible Students.Eligible Students.
The Transportation Revenue The Transportation Revenue Control Limit (TRCL) is based on Control Limit (TRCL) is based on the change in the TSL.the change in the TSL.
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Revenue Control LimitRevenue Control Limit
Equals Base Support Level + Equals Base Support Level + TRCLTRCL
Only difference from District Only difference from District Support Level is TRCL vs. TSLSupport Level is TRCL vs. TSL
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CORL and SCACORL and SCA
Capital Outlay Revenue Limit Capital Outlay Revenue Limit (CORL) is calculated based on (CORL) is calculated based on student count and grade. student count and grade. Additional CORL for HS textbooks.Additional CORL for HS textbooks.
Soft Capital Allocation (SCA) is Soft Capital Allocation (SCA) is calculated based on student calculated based on student count and grade.count and grade.
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Equalization BaseEqualization Base
Equalization Base is the sum of Equalization Base is the sum of (lesser of) RCL/DSL, CORL, SCA, (lesser of) RCL/DSL, CORL, SCA, Type 03 Tuition.Type 03 Tuition.
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Equalization AssistanceEqualization Assistance
Equalization Assistance equals Equalization Assistance equals the Equalization Base minus the the Equalization Base minus the Qualifying Levy.Qualifying Levy.
Qualifying Levy equals Assessed Qualifying Levy equals Assessed Valuation (Primary + SRP) divided Valuation (Primary + SRP) divided by 100 and multiplied by the by 100 and multiplied by the Qualifying Tax Rate.Qualifying Tax Rate.
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Questions?Questions?