MPS 2024_0708 TAX RATE COUNTY LETTER.PDF
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June 26, 2024 Heather Mock, Assistant Superintendent Economic Management Office of the Maricopa County School Superintendent 4041 N. Central Ave, Suite 1100 Phoenix, AZ 85012 Heather, Mesa Public Schools Governing Board approved a levy to correct a cash shortfall in our Maintenance and Operation (M&O) Fund. Going into fiscal year 2024, our M&O carryover budget balance was $42,676,571; however, our ending cash balance was $35,020,028. Here is information about our request for the additional cash levy: Governing Board Approval Date: June 25, 2024 Amount to Be Levied: $7,656,543 Cause of Shortage: Assessed valuation lower in prior year (difference between when tax rate set and later levied); delinquent tax collections Please let me know if you have any questions. Sincerely, Scott W Thompson CC: Ken Alexander