2005 Arizona Revised Statutes - Revised Statutes §15-961  Capital outlay revenue limit; growth rate

A. A capital outlay revenue limit per student count is established for fiscal year 1984-1985 as follows:

1. For kindergarten programs and grades one through eight multiply one hundred fifty-five dollars by the weight which corresponds to the student count for kindergarten programs and grades one through eight for the school district as provided in section 15-943, paragraph 1, subdivision (a), column 3. For a school district with a student count of six hundred or more in kindergarten programs and grades one through eight multiply one hundred fifty-five dollars by 1.158.

2. For grades nine through twelve multiply one hundred sixty-eight dollars by the weight which corresponds to the student count for grades nine through twelve for the school district as provided in section 15-943, paragraph 1, subdivision (b), column 3. For a school district with a student count of six hundred or more in grades nine through twelve multiply one hundred sixty-eight dollars by 1.268.

3. For programs for preschool children with disabilities multiply one hundred fifty-five dollars by 1.158.

B. For fiscal year 1985-1986 and each year thereafter the capital outlay revenue limit prescribed in subsection A of this section shall be adjusted by the growth rate prescribed by law, subject to appropriation.

C. For fiscal year 1985-1986 and each year thereafter the capital outlay revenue limit for a school district shall be computed as follows:

1. Select the applicable capital outlay revenue limit or limits per student count for the school district.

2. Multiply the amount or amounts selected in paragraph 1 of this subsection by the appropriate student count of the school district. The student count of the school district shall not include any pupils in a charter school sponsored by the district pursuant to section 15-185, subsection A, paragraph 3.

3. If a school district's student count used for the budget year is greater than one hundred five per cent of the student count used for the current year's budget, increase the adjusted capital outlay revenue limit determined in paragraph 2 of this subsection by the actual percentage increase in the school district's student count.

D. For fiscal year 1985-1986 and each year thereafter, an amount for the purchase of required textbooks and related printed subject matter materials shall be used to increase the capital outlay revenue limit for a school district as determined in subsection C, paragraph 2 or 3 of this section, whichever is applicable. For fiscal year 1985-1986, the funding level is fifty-seven dollars fifty cents. For fiscal year 1986-1987 and each year thereafter, the funding level is the funding level of the previous year adjusted by the growth rate prescribed by law, subject to appropriation. The amount to be added to the amount in subsection C, paragraph 2 or 3 of this section, whichever is applicable, to determine the capital outlay revenue limit for a school district is computed as follows:

1. For fiscal year 1985-1986, multiply the student count in grade nine by the funding level for the applicable year as prescribed in this subsection.

2. For fiscal year 1986-1987, multiply the student count in grades nine and ten by the funding level for the applicable year as prescribed in this subsection.

3. For fiscal year 1987-1988, multiply the student count in grades nine through eleven by the funding level for the applicable year as prescribed in this subsection.

4. For fiscal year 1988-1989 and each year thereafter, multiply the student count in grades nine through twelve by the funding level for the applicable year as prescribed in this subsection.