GLOSSARY

Annual Financial Report (AFR) - An annual comprehensive financial reporting due to ADE by October 15. The AFR includes budget and actual summary information for revenues, expenditures and fund balances for all district funds.

Approved Daily Route Miles - the mileage to transport eligible students to-and-from school for the first 100 days of school, plus an estimate for 80 additional school days, divided by 180.

Arizona Association of School Business Officials (AASBO) - A professional organization made up of school employees that work in the business support areas, in the State of Arizona. AASBO is an affiliate of the Association of School Business Officials - International (ASBO - International)

Arizona Department of Education (ADE) - This agency operating under the direction of the Superintendent of Public Instruction provides direct services to school districts. The agency executes the policies of the State Board of Education and the State Board of Vocational and Technological Education - implementing state academic standards; administering statewide assessments; disseminating information; administering and allocating federal and state funds; and providing program improvement assistance to schools and districts.

Average Daily Attendance (ADA) - The actual average daily attendance through the first one hundred days in session.

Average Daily Membership (ADM) - Average Daily Membership - a method of counting the number of enrolled students based upon the first 100 school days in session. As examples: a student who enrolls 5 days after the start of the school year = 95/100 = .95 ADM, a kindergarten student who only attends school for one-half (1/2) of the day = .50 ADM, a high school student who attends only 3 of the required 4 class periods = � = .75 ADM. ADM is a key component in the school finance funding formulas.

Base Level - an amount determined annually by the Arizona Legislature per 1.0 weighted ADM. This amount is part of the RCL calculation.

District Support Level (DSL) - The Base Support Level (BSL) plus the Transportation Support Level (TSL).

Equalization Assistance - the amount of money that the state and county provide to school districts over and above the Qualifying Tax Levy (QTL) to ensure that the revenues available for district budgets are shared equitably.

Fiscal Year - for Arizona schools, is July 1 through June 30 of each year.

GDP Price Deflator - The average of the four Implicit Price Deflators for the Gross Domestic Product (GDP) reported by the United States Department of Commerce for the four quarters of the calendar year.

Grants Management - ADE department that ensures the proper allocation, distribution, and expenditure of all federal and state funds administered by ADE. They process grant budget applications, revisions, cash management reports and completion reports.

Group A - Educational programs for career exploration, a specific learning disability, an emotional disability, mild mental retardation, remedial education, a speech/language impairment, homebound, bilingual, preschool moderate delay, preschool speech/language delay, other health impairments and gifted pupils.

Group B - Educational improvements for pupils in kindergarten programs and grades one through three, educational programs for autism, a hearing impairment, moderate mental retardation, multiple disabilities, multiple disabilities with severe sensory impairment, orthopedic impairments, preschool severe delay, severe mental retardation and emotional disabilities for school age pupils enrolled in private special education programs or in school district programs for children with severe disabilities or visual impairment and English learners enrolled in a program to promote English language proficiency.

M&O - a common acronym for the Maintenance and Operation fund, fund 001. Calculation of this budget is formula driven. This budget is used for most of the day to day expenditures of a school district.

Qualifying Tax Rate - QTR - A hypothetical tax rate that is multiplied times the Primary Assessed Valuation and Assessed Valuation for SRP properties to determine the local tax levy effort required before a district is eligible for equalization assistance. The QTR is adjusted annually, based on an inverse relationship to the assessed valuation for the entire state.

School Facilities Board - SFB - an Arizona government entity created in 1994 to oversee building new schools (fund 695), building and capital deficiencies (fund 685) and building renewal (fund 690).

Student Accountability Information System (SAIS) - The administrative application that collects student detail information using the Internet. School districts send this information to ADE's SAIS database. The district's ADM and other attendance data is generated from this system.

Student Count - ADM for the fiscal year prior to the current year, except for the purpose of budget preparation student count means ADM for the current year.

Students FIRST - Students Fair and Immediate Resources for Students Today - 1994 legislation that created a new capital financing system aimed at creating minimal adequacy standards for capital related issues in public schools. Governed by the School Facilities Board.

Title 15 - a compilation of selected education laws passed by the Arizona State Legislature.

Uniform System of Financial Records - USFR - a publication that is a joint responsibility of the Arizona Auditor General and ADE. This document interprets Arizona Title 15 and contains the guidelines and directions by which Arizona schools must financially comply.

USFR Memorandum - Issued by the Auditor General to update the USFR manual between major revisions. These are available on the Auditor General's website or via e-mail.

Weights - a multiplier that is applied to an ADM number to allow for variable educational costs based on certain classifications of students.