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Creighton presenters walk community through school funding formula, reserves and budget priorities
Summary
District finance staff reviewed how Arizona funds Creighton Elementary District, explained where M&O and grant dollars come from, and outlined local tax contributions, fund accounting and near-term ballot timing for overrides and bonds.
Vanessa Shapiro, the district finance presenter, opened a community study session on the Creighton Elementary District budget with an overview of how Arizona funds schools and how those rules shape local priorities. “Budgets are pretty dry, especially in Arizona,” Shapiro told the board and the audience before stepping through Average Daily Membership counts, weighted funding for special education and English-language learners, and the district’s fund accounting structure.
Shapiro said Creighton’s funding starts with student counts reported to the Arizona Department of Education and explained the Average Daily Membership system: a student attending 100 of the first 100 days counts as 1 ADM; 50 days counts as 0.5 ADM. She gave the district’s full-year ADM for fiscal 23–24 as “4,580 students and change.”
The presentation described how the state’s funding formula applies weights for preschool, K–8 and special education categories, and that many…
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