Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 15. Education |
Chapter 9. SCHOOL DISTRICT BUDGETING AND FINANCIAL ASSISTANCE |
Article 3. School District Revenue Limitation for Maintenance and Operation |
Sec 15-953. Increases in the base level
Latest version.
-
If a school district receives approval to calculate its budget using an increase in the base level as provided in section 15-918 or 15-952 or any other law for a given fiscal year, that increase in the base level applies only to the fiscal year for which approval was given. In order to calculate its budget using an increase in the base level for any subsequent fiscal year the school district must receive specific approval to do so as prescribed by law.