SB 1091 — school districts; bonds; overrides; ballots

REFERENCESenate TITLE:Engrossed school districts;

school districts;

ballots State of Arizona Senate Fifty-seventh Legislature First Regular Session SBSENATE BILL 1091 IntroducedAN byACT SenatorAMENDING Hoffman:SECTIONS 15-481, 15-491 AND 15-949, ARIZONA REVISED STATUTES;

Representative Keshel AN ACT AMENDING SECTIONS 15-481, 15-491 AND 15-949, ARIZONA REVISED STATUTES;

(TEXT OF BILL BEGINS ON NEXT PAGE) - i - SBS.B. 1091 Be it enacted by the Legislature of the State of Arizona:

1091 Be it enacted by the Legislature of the State of Arizona:

- 1 - SBS.B. 1091 4.

1091 4.

Persons signing the argument shall identify themselves by giving their residence address and telephone number, which may not appear in the informational - 2 - SBS.B. 1091 pamphlet, except that the person's city or town and state of residence shall appear in the pamphlet.

1091 pamphlet, except that the person's city or town and state of residence shall appear in the pamphlet.

- 3 - SBS.B. 1091 (c) The tax rate associated with each of the proposed capital improvements and the estimated cost of each capital improvement for the owner of a single family home that is valued at $80,000.

1091 (c) The tax rate associated with each of the proposed capital improvements and the estimated cost of each capital improvement for the owner of a single family home that is valued at $80,000.

Any budget increase authorized by this election shall be entirely funded by a levy of taxes on the taxable property within this school district for the year for which adopted and for ____ subsequent years, shall not be realized from monies furnished by the state and shall not be subject to the - 4 - SBS.B. 1091 limitation on taxes specified in article IX, section 18, Constitution of Arizona.

1091 limitation on taxes specified in article IX, section 18, Constitution of Arizona.

- 5 - SBS.B. 1091 1.

1091 1.

(i) Small School Support Level Weight Phase Down Student Student for Small Isolated Reduction Count Count Limit School Districts Base Level Factor — 100 x 1.468 + (0.0005 x x $ = $ __ (500 — Student Count)) Small Isolated Phase Down Phase Down District Base Reduction Factor Secondary Limit $350,000 — $ = $ - 6 - SBS.B. 1091 (ii) Small School Support Level Weight Phase Down Student Student for Small Reduction Count Count Limit School Districts Base Level_ Factor — 100 x 1.398 + (0.0004 x x $ = $ (500 - Student Count)) Small Phase Down Phase Down School District Base Reduction Factor Secondary Limit $350,000 — $ = $ (c) If both subdivisions (a) and (b) of this paragraph apply to a unified school district, its limit for the purposes of this paragraph is the combination of its elementary limit and its secondary limit.

1091 (ii) Small School Support Level Weight Phase Down Student Student for Small Reduction Count Count Limit School Districts Base Level_ Factor — 100 x 1.398 + (0.0004 x x $ = $ (500 - Student Count)) Small Phase Down Phase Down School District Base Reduction Factor Secondary Limit $350,000 — $ = $ (c) If both subdivisions (a) and (b) of this paragraph apply to a unified school district, its limit for the purposes of this paragraph is the combination of its elementary limit and its secondary limit.

, - 7 - SBS.B. 1091 2.

1091 2.

For a common school district not within a high school district or a common school district within a high school district that offers instruction in - 8 - SBS.B. 1091 high school subjects as provided in section 15-447, five percent of the revenue control limit means five percent of the revenue control limit attributable to the weighted student count in preschool programs for children with disabilities, kindergarten programs and grades one through eight as provided in section 15-971, subsection B.

1091 high school subjects as provided in section 15-447, five percent of the revenue control limit means five percent of the revenue control limit attributable to the weighted student count in preschool programs for children with disabilities, kindergarten programs and grades one through eight as provided in section 15-971, subsection B.

- 9 - SBS.B. 1091 M.

1091 M.

If an additional increase is approved as provided in subsection F of this section, the school district governing board may only use revenues derived from the school district's prior year's maintenance - 10 - SBS.B. 1091 and operation fund ending cash balance to fund the additional increase.

1091 and operation fund ending cash balance to fund the additional increase.

If the voters in the school district do not authorize the budget - 11 - SBS.B. 1091 increase amount, the existing budget increase remains in effect for the time period for which it was authorized.

1091 increase amount, the existing budget increase remains in effect for the time period for which it was authorized.

In addition to subsections P and S of this section, from the maintenance and operation fund and capital outlay fund ending cash balances, the school district governing board shall first use any available revenues to reduce its primary tax rate to zero and shall use - 12 - SBS.B. 1091 any remaining revenues to fund the additional increase authorized as provided in subsections F and M of this section.

1091 any remaining revenues to fund the additional increase authorized as provided in subsections F and M of this section.

- 13 - SBS.B. 1091 Y.

1091 Y.

and - 14 - SBS.B. 1091 3.

1091 3.

Based on the current net assessed valuation used for secondary property tax purposes, to fund the proposed continuation of the increase in the school district's budget would require an estimated continuation of a tax rate of $______________ per $100 of net assessed valuation used for - 15 - SBS.B. 1091 secondary property tax purposes and is in addition to the school district's tax rate that will be levied to fund the school district's revenue control limit allowed by law.

1091 secondary property tax purposes and is in addition to the school district's tax rate that will be levied to fund the school district's revenue control limit allowed by law.

- 16 - SBS.B. 1091 6.

1091 6.

- 17 - SBS.B. 1091 The capital improvements that are proposed to be funded through this bond issuance are to exceed the state standards and are in addition to monies provided by the state.

1091 The capital improvements that are proposed to be funded through this bond issuance are to exceed the state standards and are in addition to monies provided by the state.