The proposed bill aims to update current statutes concerning K-12 education funding and property management for the Arizona State Schools for the Deaf and the Blind (ASDB). It would increase the base level for FY 2027 from $5,113.26 to $5,215.53 and raise the charter additional assistance amount per student for preschool and grades 1-8 from $2,131.90 to $2,174.54, and for grades 9-12 from $2,484.69 to $2,534.38. Additionally, the bill would adjust the transportation support level formula per-route-mile amount for FY 2027 and establish new requirements for the sale of ASDB properties, including appraisals and public bidding processes. Moreover, the bill would create a Property Proceeds Fund for the proceeds from the sale or lease of ASDB properties, requiring proper administration and deposit of these funds. It would also authorize the Arizona Department of Education to utilize Failing Schools Tutoring Fund monies for specific school improvements and mandate reporting on proposed expenditures. Overall, these changes are designed to enhance funding mechanisms and improve property management practices within Arizona's K-12 education system.

Statutes affected:
Introduced Version: 15-185, 15-901, 15-945, 15-1307, 41-1276, 15-943, 15-941, 2015-2016, 2016-2017, 15-1042, 15-855, 15-973, 15-823, 15-308, 15-183, 15-512, 42-5029, 42-5029.02, 37-521, 15-792.02, 15-901.08, 15-808, 15-447.01, 15-797, 15-816.01, 15-761, 15-902.04, 2023-2024, 2024-2025, 2025-2026, 2026-2027, 15-944, 15-765, 15-751, 15-752, 15-753, 15-501, 15-771, 15-971, 15-946, 15-881, 15-925, 35-190, 15-1323
Senate Engrossed Version: 15-185, 15-901, 15-945, 15-1307, 41-1276, 15-943, 15-941, 2015-2016, 2016-2017, 15-1042, 15-855, 15-973, 15-823, 15-308, 15-183, 15-512, 42-5029, 42-5029.02, 37-521, 15-792.02, 15-901.08, 15-808, 15-447.01, 15-797, 15-816.01, 15-761, 15-902.04, 2023-2024, 2024-2025, 2025-2026, 2026-2027, 15-944, 15-765, 15-751, 15-752, 15-753, 15-501, 15-771, 15-971, 15-946, 15-881, 15-925, 35-190, 15-1323