The Power of Tax Credits, Overrides & Bonds: Supporting Public Schools in Arizona
By Jessica Vocca, Superintendent
Cottonwood-Oak Creek School District
As Arizona residents prepare for tax season, they have a unique opportunity to directly impact the quality of education in their communities. By donating to public schools through the Arizona Tax Credit Program, individuals can receive a dollar-for-dollar credit on their state taxes—up to $200 for single filers and $400 for joint filers. Not only is this a financially savvy choice, but it also serves as a vital investment in the future of our students and communities.
Benefits for Students
Tax credit donations fund a wide range of extracurricular activities and programs that enrich students' educational experiences. These programs include:
Arts and Music: Supporting school bands, drama clubs, and art programs fosters creativity and provides outlets for self-expression.
Sports: Athletics help students build teamwork skills, stay physically active, and cultivate discipline.
Academic Enrichment: Science fairs, robotics clubs, and field trips provide hands-on learning opportunities that deepen students' understanding of their coursework.
After-School Programs: Programs like tutoring, leadership workshops, and STEM initiatives offer students additional support and skill development.
These experiences go beyond traditional classroom learning, nurturing well-rounded individuals prepared for higher education and the workforce.
Tax Credit Facts
Donating is simple and beneficial for both taxpayers and schools. Tax credit contributions can be made directly to a public school or district and designated for specific programs or activities. Best of all, this is not a donation in the traditional sense; it reduces your state tax liability dollar for dollar, making it a smart financial move. If you’d like to donate to Cottonwood-Oak Creek School District, you can do so by visiting our District Office or website. For more information, call (928) 634-2288.
What About Overrides and Bonds?
Overrides and bonds are other essential mechanisms that fund public schools, but they differ significantly from tax credit contributions:
Overrides: These are temporary increases in school district budgets, funded by local property taxes. Voter-approved overrides help cover operational costs such as teacher salaries, utility bills, and educational materials.
Bonds: Bonds are used for long-term capital expenses, such as building new schools, upgrading facilities, or purchasing buses. They are also funded through property taxes and require voter approval.
While overrides and bonds are critical for maintaining school infrastructure and operational stability, tax credits are unique because they directly benefit students’ extracurricular and enrichment programs. This direct impact empowers donors to see the immediate benefits of their contributions in action.
Make a Difference Today
Arizona’s Tax Credit Program is a win-win for taxpayers and public schools. By contributing, you’re not just reducing your tax liability—you’re helping create opportunities for students to thrive academically, socially, and emotionally. Whether you’re passionate about the arts, sports, or academic enrichment, your donation can be tailored to support programs that align with your values.
Support your local public schools today and ensure that every student has access to the enriching opportunities they deserve. It’s a simple yet powerful way to make a lasting impact on your community.
Warm Regards,
Jessica Vocca, Superintendent