Page 2 - School Finance Manual 2025-26

The Arizona Association of School Business Officials AASBO offers several academy programs including Lead-
(AASBO) is pleased to provide this document so that ership, Women in Leadership and Aspiring School Busi-
you may better understand the ever-changing world of ness Officials. For further information on these programs,
school finance. This document will assist you in assem- contact the Director of Education Programs or an AASBO
bling and deciphering the various elements of a school staff member. AASBO is an organization that is depen-
district budget as well as being a resource for other related dent upon the service of its members. The creation of an
budgetary issues. This manual is only one resource avail- update of the School Finance Manual was accomplished
able to you in your quest to understand school finance. This by the combined efforts of the membership and AASBO
document, as well as other related information, is avail- staff.
able to you via the AASBO web site. The AASBO website
(www.aasbo.org) contains numerous links to other related A special thanks goes to all those contributing to the
organizations that contain helpful informa- update of this year’s manual. If you
tion in the area of school finance. Attempts should have any questions, ideas, or
have been made to weave in the unusual If you have any ques- suggestions, please feel free to contact
changes that have occurred in response to tions, ideas, or sugges- the AASBO staff at 602-253-5576. They
the budget challenges being seen at the tions, please feel free will be more than willing to assist you.
state level. Users of this manual should to contact the AASBO
continue to check with the Department - AASBO Board of Directors
of Education, the Auditor General and staff at www.aasbo.org
the AASBO website and bimonthly meet- 602-253-5576.
ings to assure they have the most recent
data and to determine if the Legislature
has made any mid-year changes to the school finance
formula. For those who desire a learning experience typi-
cally associated with a classroom environment, including
qualified instructors and interaction with peers, consider A special thanks goes to Linda Virgil from Peoria Unified
enrolling in one of the AASBO Educational Programs. School District, Karin Smith from Heinfeld Meech,
Subject areas include: accounting, budgeting, audit and Brian Lockery from Kyrene Elementary School District,
compliance, school business operations, purchasing, Annette Moreno from The Office of Maricopa County
food service, transportation, facility management, student School Superintendent, Heather Mock from Deer Valley
attendance and membership, payroll, human resources Unified School District and Jill Winn from The Office of
and school law. Advanced classes are offered in the areas Maricopa County School Superintendent for providing
of purchasing, budget and finance, accounting, transpor- technical assistance in reviewing and updating this
tation, school business operations, and maintenance and FY2025-2026 edition of the AASBO School Finance
operations. Manual.