Arizona HB4103 restricts school districts' bonding authority based on enrollment capacity.
Arizona HB4103 amends state statutes to restrict school districts' ability to call elections for issuing bonds or changing capital projects if their enrollment capacity is below a certain threshold. The bill defines enrollment capacity as the average daily membership divided by the number of students that can be accommodated in existing school buildings. It also mandates that the board calculate the maximum student count for each school district's buildings, excluding nonacademic areas.
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