More than 20 school districts in Maricopa County are asking voters to approve funding measures this election. Here's how they fund public schools.
Like a bond, an override is funded through local property taxes. Unlike a bond, tax money approved through an override goes to the district, not to repay investors.
District additional assistance overrides bolster capital funding and often help cover technology, books and other equipment expenses. "The idea that a local community can go above and beyond what the state provides is a common feature of school funding formulas throughout the country," said educational consultant Anabel Aportela. "If the local community wants to provide something extra for their community, they can. So, for example, if you want more sporting facilities at a high school, if you want to provide more extracurriculars for students, all of those things are possible if the community votes on it.
The funding received through these measures decreases by one-third in the sixth year and two-thirds in the seventh year. That's why some districts ask for the renewal of their overrides before they expire.
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