Arizona Revised Statutes Title 15. Education § 15-915. Correction of state aid or budget limit errors; definition

1. Corrections may be made in the current year or in the budget year, except that in case of hardship to the school district, the superintendent may approve corrections partly in one year and partly in the year after that year.

2. Errors in the calculation of state aid shall be corrected by increasing or decreasing the state aid to the school district or charter school in the year or years in which the correction is made.

3. Errors in the calculation of the school district's or charter school's budget limits shall be corrected at a public hearing by requiring the governing board to reduce or by allowing it to increase its budget by the amount of the correction to be made that year. Overbudgeting errors corrected as provided in this paragraph are exempt from § 15-905, subsections L and M. Not later than three days after the hearing and correction, the budget as revised shall be submitted electronically to the superintendent of public instruction. This paragraph does not require a decrease in state aid that is not otherwise required by paragraph 2 of this subsection.

1. A court judgment in accordance with § 42-16213.

2. A decision by a county board of equalization in accordance with § 42-16108.

3. A decision by the state board of equalization in accordance with § 42-16162.

4. The correction of a property tax error pursuant to title 42, chapter 16, article 6.  1

1. For school districts, means state aid as determined in § 15-971 and additional state aid as determined in § 15-972.

2. For charter schools, means state aid as determined in § 15-185.