Daily Sun Tax Credit Article

Arizona Daily Sun education reporter Hillary Davis has written an informative article about the state's public school tax credit program for today's paper.

In the article she provides a lot of helpful information, including the following:
A change statewide this year is allowing schools to spend tax credits on what is generally called "soft capital": supplies like textbooks, library books, technology and computers, workbooks, furniture and small consumable items like pencils. This comes on the heels of the state's near-elimination of soft capital funding...

Taxpayers receive a dollar-for-dollar credit against their state income taxes owed if they donate money to an approved school or program. Donors must direct their money to a specific school and indicate the specific program on the check or form's memo line (i.e., Camp Colton, strings, forensics. Each school has several accounts). Monies go directly to the schools and programs named on the check, not to the district. If a program isn't listed it goes to the school's general fund and the school's site council will allocate it. If a check simply says "FUSD," business office employees will call the donor and ask them to pick a school.

Anyone can contribute to the school tax credit program. You need not be a parent or a resident of FUSD's boundaries, nor are you obligated to limit your donation to your family or neighborhood school. Charter schools also are eligible to participate.Single filers can donate up to $200 and take a full tax credit. Married couples can file a joint return for up to $400. A taxpayer expecting a refund will have it increased by the amount donated to a tax credit-eligible program. A taxpayer who owes money can have the bill reduced by the amount donated.
As we've mentioned here before, your tax credit contributions are what make our unique magnet school programs possible.  Every single dollar of tax credit money received by Marshall School is used by the school to fund a variety of programs including field-trips, music and arts programs, and our one-of-a-kind science experiences in every classroom, at every grade level, free of charge.

 If you would like to make a tax credit contribution to Marshall School, please contact us via email, telephone [928-773-4030], or in person in the school office. We're happy to assist you in any way we can!  Remember: you can give your money to the state, or you can make a contribution to Marshall.  The choice is yours.  


Please choose Marshall :)

Thanks!

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