The proposed bill SB1602 amends the current law regarding property tax levies in Type 03 school districts, which are common school districts not within a high school district. The key change is that the property tax will now be calculated based on the countywide average per pupil equalization base for high school pupils multiplied by the student count, rather than the number of resident high school pupils in the district during the prior school year. This adjustment aims to provide a more accurate reflection of the funding needs based on overall student enrollment rather than just high school attendees.

Additionally, the bill mandates that the Arizona Department of Education (ADE) must provide each county board of supervisors with the countywide average per pupil equalization base and the student count, rather than just the number of resident high school pupils. This change is intended to streamline the information provided for tax levying purposes and ensure that funding is aligned with the actual student population in the district. The bill is set to take effect on the general effective date.

Statutes affected:
Introduced Version: 15-992
Senate Engrossed Version: 15-992