{"data":{"id":"us-az/a.r.s.-15-1468","jurisdiction":"us-az","citation":"A.R.S. § 15-1468","heading":"Equalization aid for community college districts","body":"A. Subject to legislative appropriation, any district that is organized pursuant to section 15-1402 and that has less than the amount of primary assessed valuation prescribed in section 15-1402 shall be paid by this state an amount equal to the following:\n\n1. The difference between the prior year's actual primary assessed valuation of the district and the amount of primary assessed valuation prescribed in section 15-1402.\n\n2. The actual prior year's primary property tax rate for the district.\n\n3. The difference determined in paragraph 1 multiplied by the lesser of the tax rate determined in paragraph 2 or one dollar thirty-seven cents.\n\nB. The equalization aid provided for in subsection A of this section shall be used for the same purposes specified in section 15-1462 and shall be apportioned to any qualifying district pursuant to section 15-1467.\n\nC. This section does not apply to community college districts organized pursuant to section 15-1402.01 or to community college tuition financing districts as prescribed in section 15-1409.","path":["Title 15 Education"],"source_url":"https://www.azleg.gov/ars/15/01468.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-10-26T05:51:13Z","sha256":"e31dc754032f5b482447cd1fd31c53af2a6444924589e78ef591dc9593b87e8c","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-15-1467","next":"us-az/a.r.s.-15-1469"},"notice":"GroundRules: Original legal text. Not legal advice."}