Lake Havasu Unified School District board to discuss tax credit moratorium
The governing board of the Lake Havasu Unified School District is scheduled to discuss a moratorium that has loomed over the tax credit funding of local school clubs and programs.
Two years ago the school board voted to limit the number of clubs and school organizations that could benefit from tax credit programs, in response to the failure of a 2015 bond measure to provide additional funding for Havasu schools. With the success of a $49 million bond measure and 15 percent override approved in 2016, an end to the moratorium is possible, but the specifics of any plans will bear discussion over the next several months.
“The moratorium was put in place when budgets were extremely tight due to the defeated bond,” said Michael Murray, Lake Havasu Unified School District business administrator. “It was a way to make sure that sports programs could still get tax credits, but now it’s a question of whether or not we should expand it. Now it’s time for us to have these discussions, and decide where we go from here with our current clubs.”
According to governing board member John Masden, the “moratorium” has always been something of a misnomer, and hasn’t included all clubs and organizations that have sought tax credits since 2015. “We should review the clubs that are getting tax credits,” Masden said. “But it’s only going to be a discussion. No action will be taken.”
The topic is planned for discussion at the school district governing board’s work session meeting, set for 4 p.m. today at the district office headquarters on Havasupai Boulevard.