Facts about Overrides
What is an Override?
The purpose of the override is to maintain the current level of funding for the district.
Why is an Override Necessary?
If the override is not approved, it would impact class sizes, teacher compensation, and student programs.
How does Arizona fund schools?
Arizona funds its schools based on the number of students and the miles that students are transported. It is formula-based funding, and a school district’s budget limit does not increase or decrease if the assessed value in the district changes. Arizona provides a specific dollar amount per student for maintenance and operational expenses (salaries, benefits, supplies, services, utilities) and for capital (furniture, equipment, technology, vehicles, textbooks, library books, instructional aids).
What is the tax impact of a successful election?
Since the district is requesting a continuation of the existing override we do not expect a tax rate increase.
The purpose of the override is to maintain the current level of funding for the district.
Why is an Override Necessary?
If the override is not approved, it would impact class sizes, teacher compensation, and student programs.
How does Arizona fund schools?
Arizona funds its schools based on the number of students and the miles that students are transported. It is formula-based funding, and a school district’s budget limit does not increase or decrease if the assessed value in the district changes. Arizona provides a specific dollar amount per student for maintenance and operational expenses (salaries, benefits, supplies, services, utilities) and for capital (furniture, equipment, technology, vehicles, textbooks, library books, instructional aids).
What is the tax impact of a successful election?
Since the district is requesting a continuation of the existing override we do not expect a tax rate increase.
