HB2637

Arizona HB2637 adjusts expenditure limitations for school districts, community college districts, and political subdivisions based on student.

Arizona HB2637 amends the expenditure limitations for school districts, community college districts, and political subdivisions. The economic estimates commission determines the base limit for each entity, adjusting it based on student population and GDP price deflator changes. For school districts and community college districts, the commission reports the estimated student population, GDP price deflator change, and expenditure limitation to the governing boards annually.