AZ HB2481

Amends Arizona statutes to impose escalating penalties on school districts that fail to comply with the uniform system of financial records after receiving notice from the auditor general.

Requires the State Board of Education to withhold up to 10% of state funding and mandate training for district superintendents, business managers, and chief financial officers if deficiencies are not corrected within 90 days.

Makes school district superintendents ineligible for performance-based pay if deficiencies remain uncorrected for 18 months after receiving notice, continuing until compliance is achieved.

Requires the Department of Education to provide compliance training within 30 calendar days, with school districts paying all associated costs.

Updates cross-references in related statutes governing county school superintendent duties and school district budget override elections.