1. Discussion of Setting School District Tax Rates for the 2011-2012 School Year
Rita Leyva, Yavapai County
Ricky Hernandez, Pima County
Marc Kuffner, Maricopa County
July 11, 2011

2. Conceptual View (Levy Funds)
Budget /Encumbrances
Less
June 30th Cash Balance
Equalization Assistance
Federal Impact Funds
Overrides
Other Revenue
Equals
Required Tax Levy

3. Setting the Tax Rate
Budget
Encumbrances

4. Setting the Tax Rate
June 30th Cash Balance
Rollover Payments (FY2011)

5. Equalization Assistance
Verification
SCA/CORL Reduction
Rollovers (FY2012)

6. Federal Impact Funds
Amount to be Used for Tax Impact

7. Overrides (Secondary Taxes)
Amount for M and O
Amount for CORL

8. Other Revenue Tuition CEC’s /Institutional Vouchers State Impact Aid
Interest on Investments
Other

9. Budget/Encumbrances less Available Funds
Levy Equals
Budget/Encumbrances less Available Funds

10. Adjustment for Delinquencies
Only Allowed for Secondary Rate

11. Setting the Rate Role of County School Office AV when Rate is Set
County Timelines

12. Truth in Taxation - Required
Levy For Adjacent Ways
Levy for ARS (Liabilities in Excess)

13. Truth in Taxation - Possible
Increases Desegregation and Dropout Prevention – N/A
Small School Adjustment

14. Tax Levy – Truth in Taxation (TNT) Impact
Actual Levy May Increase or Not Increase
Adjacent Ways Levy – Always
Small School Adjustment - Possible

15. Questions??