Arizona § 15-1468 - Equalization aid for community college districts
Full text of Arizona Arizona Revised Statutes § 15-1468 — Equalization aid for community college districts, with citation guidance and answers to common questions.
§ 15-1468. Equalization aid for community college districts
A. Subject to legislative appropriation, any district that is organized pursuant to section 15-1402 and that has less than the amount of primary assessed valuation prescribed in section 15-1402 shall be paid by this state an amount equal to the following:
1. The difference between the prior year's actual primary assessed valuation of the district and the amount of primary assessed valuation prescribed in section 15-1402.
2. The actual prior year's primary property tax rate for the district.
3. The difference determined in paragraph 1 multiplied by the lesser of the tax rate determined in paragraph 2 or one dollar thirty-seven cents.
B. The equalization aid provided for in subsection A of this section shall be used for the same purposes specified in section 15-1462 and shall be apportioned to any qualifying district pursuant to section 15-1467.
C. This section does not apply to community college districts organized pursuant to section 15-1402.01 or to community college tuition financing districts as prescribed in section 15-1409.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 15-1468
What does Arizona Revised Statutes § 15-1468 cover?
Section 15-1468 ("Equalization aid for community college districts") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 15-1468?
A common citation format is "Arizona Revised Statutes § 15-1468" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 15-1468 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.