Ariz. Admin. Code § tit. 7, ch. 5, art. 4, tbl. 1

Current through Register Vol. 30, No. 50, December 13, 2024

Table 1 - ADM Category Criteria

Small and Medium Charter Holders (Less than 600 ADM)
ADM Category	Estimated ADM Measure Performance1	Percent Loss of Total ADM2
Low Risk	Greater than 0 to negative 4.99%	or	0 to 9.99% decline
Moderate Risk	Negative 5% to negative 14.99%	or	10% to 19.99% decline
High Risk	Negative 15% or more	or	20% or more decline
Large Charter Holders (600 or more ADM)
ADM Category	Estimated ADM Measure Performance1	Percent Loss of Total ADM2
Low Risk	Greater than 0 to negative 2.99%	or	0 to 7.99% decline
Moderate Risk	Negative 3% to negative 9.99%	or	8% to 14.99% decline
High Risk	Negative 10% or more	or	15% or more decline

¹The "Estimated ADM Measure Performance" considers the charter holder's estimated performance on the Average Daily Membership measure for the fiscal year that begins on the July 1 following the fiscal year end of the most recent audit conducted under R7-5-504.

²The "Percent Loss of Total ADM" considers the percent change in the charter holder's ADM from the fiscal year prior to the most recent audit conducted under R7-5-504 (year 3) to the fiscal year that begins on the July 1 following the fiscal year end of the most recent audit conducted under R7-5-504 (year 1). For example, this means for a charter holder identified as "On Probation" following the review of the fiscal year 2021 audit year 3 would be fiscal year 2020 and year 1 would be fiscal year 2022.

Ariz. Admin. Code tit. 7, ch. 5, art. 4, tbl. 1

New Table 1. ADM Category Criteria made by final exempt rulemaking at 27 A.A.R. 1423, effective 9/30/2021. Amended by final exempt rulemaking at 27 A.A.R. 2914, effective 11/22/2021.