Bill > HCR2035

This resolution proposes an amendment to the Arizona Constitution to adjust how expenditure limitations for school districts are calculated. Currently, these limitations are based on fiscal year 1979-1980 expenditures, but this amendment would shift the baseline to fiscal year 2026-2027 and increase the aggregate expenditure limitation for all school districts by 10% (multiplying the adjusted amount by 1.10). The resolution also clarifies definitions for "cost of living," "expenditure," "local revenues," and "student population," and outlines how the Economic Estimates Commission will adjust expenditure limitations to account for changes in student population and the cost of living. It specifies that expenditures exceeding the limitation can be authorized by the legislature through a concurrent resolution with a two-thirds vote in each house, and that the legislature will establish reporting systems and penalties for non-compliance. This amendment would apply to fiscal years beginning after June 30, 2027, and would be submitted to voters for approval.

Education

https://apps.azleg.gov/BillStatus/BillOverview/84466