Home / education / Ariz. groups not using scholarship dollars

Ariz. groups not using scholarship dollars

A newspaper says at least 10 Arizona organizations that receive tax-credit donations for private-school scholarships have failed so far to spend at least 90 percent of their revenues on the scholarships as required by law.

The Arizona Republic’s analysis found that the percentages of money given for scholarships by the 10 school-tuition organizations range from 31 percent to 89 percent.

In 2008, the total amount unspent by the organizations was $1.5 million, excluding the maximum 10 percent allowed for overhead.

The total shortfall has topped $1 million annually since 2002, with up to 12 organizations each year accounting for the figure.

State officials have taken no action to force any of the school-tuition organizations, which are non-profits that collect and distribute the private tax-credit donations, to meet the 90 percent requirement.

That’s partly because the tax-credit law doesn’t specify how long organizations have to spend 90 percent of their money.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *




Check Also

(Deposit Photos/Focus Pocus Ltd.)

Ducey signs bill barring cities from taxing sugary drinks

The proposal doesn't specifically mention taxes on sugary drinks, only saying any tax on food products must be uniform. But testimony from a supermarket industry lobbyist industry made it clear that's what the bill is all about.