Lege Trend: Cost of Private School Tax Credit
Arizona has a tax credit for private education. The numbers haven’t broken down quite as estimated:
- The 1997 estimated cost was $4.5 million a year
- The current cost per year exceeds $140 million.
- Plus, Arizona has to eat the cost of $50 million in additional tax credits for public-school extracurricular activities for these students.
- That’s a total cost to the state of $190 million per year. Far off the $4.5 million estimate.
Governing