K-12 Funding Initiative Will Be Included on the November Ballot

Aug. 25, 2020

 

This week the Arizona Supreme Court ruled that the Invest in Education Act will appear on the November ballot. This action overturned the Maricopa County Superior Court ruling last month that would have prevented the measure from appearing on the ballot because the initiative’s summary did not accurately reflect the Act’s provisions.

The Invest in Education Act increases income taxes for filers earning more than $250,000 (individuals) or $500,000 (couples filing joint returns). Unlike Proposition 301 (2000) and Proposition 123 (2016), the Invest in Ed Act only supports K-12 initiatives, with no new dedicated funding provided to Arizona’s public universities for operations (3% of the funding will be distributed to the Arizona Board of Regents for the Arizona Teachers Academy). The total distribution for the Invest in Ed Act is as follows:

  • 85% to District and Charter Schools ($702 million)
  • 12% to Career Training and Workforce Fund ($99 million)
  • 3% to ATA ($24 million)