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Cave Creek USD financial officer reports steady extracurricular tax-credit revenue, outlines uses and reporting deadline
Summary
During a Feb. 25 work study, Chief Financial officer Doctor Pletnick summarized the district’s calendar-year 2024 extracurricular tax‑credit receipts, explained allowable uses under state law and said the district will file required reports with the Arizona Department of Revenue by Feb. 28.
Doctor Pletnick presented the district’s annual tax‑credit accounting and said the district will file the required report with the Arizona Department of Revenue by Feb. 28.
Pletnick told the Cave Creek Unified District Governing Board that district systems require extra steps to produce calendar‑year reports because the district’s bookkeeping runs on a fiscal year. “As soon as I do this presentation tomorrow, we will be filing with the Arizona Department of Revenue,” Pletnick said.
The report covers extracurricular tax credits that donors may designate for specific activities. Pletnick said the funds may support…
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