The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
15-908 - Revenue control limit for school district after consolidation
15-908. Revenue control limit for school district after consolidation
A resulting school district after consolidation of a school district and unorganized territory or areas within another school district as provided in section 15-459, subsection C or section 15-460, subsection A shall compute its allowable revenue control limit for the first budget year as follows:
1. Divide the allowable revenue control limit for the budget year of the school district before consolidation by the student count for the school district for the budget year.
2. Multiply the quotient obtained in paragraph 1 of this section by the student count of the resulting school district for the budget year. The product is the revenue control limit of the resulting school district in the first budget year.
3. The student count used for unorganized territory is the student count of pupils who resided in the unorganized territory before consolidation.