Friday, December 4, 2015

Az Tax Credit

Arizona Tax Credit in the Foothills

The Catalina Foothills School District is a wonderful school community! It is impressive to see a community with such a commitment to educational excellence and support of the schools here in the Foothills.  CFSD would not be the district it is today without the community that surrounds and supports it! The success of our schools' extracurricular programs is tied to the generous contributions of community members who divert some of their state tax funds to the CFSD programs of their choice!

How does it Work?
Any Arizona taxpayer has the opportunity to give to Catalina Foothills School District instead of paying it in taxes. The donation must be earmarked for support of one of our many qualifying fee-based, extracurricular activities. We'll send the donor a receipt for their records. Then, when the taxpayer fills out their 2015 Arizona state taxes, they can subtract the amount of the donation, up to $400 (joint filers) and $200 (individuals), from what is owed in state taxes.  This is not just a tax deduction…it is a tax credit that reduces the amount of taxes owed to the state, dollar-for-dollar.  For more information about how this credit will work for your individual tax situation, contact your tax advisor.

How are these Dollars Spent?
Tax Credit dollars are spent to support fee-based, extra-curricular offerings. However, regular communication between Mr. Henikman and Community Schools, leads to a beneficial partnerships that also helps support the needs at Canyon View, as dollars are spent to serve a joint purpose.

What is the Tax Credit Goal at Canyon View?
We are aiming for $30,000…that is only 150 individuals at $200 each!

Where Can I Donate?
You can donate online (http://www.cfsd16.org/public/_community/donate.aspx) with your credit card or fill out the 2015 Tax Credit Form, which can be mailed to Murphey Administration Center, 2101 E River Rd., Tucson, AZ, 85718 or dropped off in person at any CFSD school, by December 31, 2015. Please make checks payable to Catalina Foothills School District (CFSD) and note the program to which you'd like to contribute on the check.

What have we purchased at Canyon View with tax credit dollars?

Here are some of the joint projects that Community Schools and past Canyon View principals have completed/purchased within the last 5 years, as well as projects underway or yet to come with Mr. Henikman:

·      STEAM Club supplies
·      Installation of additional Video projection equipment in the Canyon View MPR
·      Installation of an upgraded sound system in the Canyon View MPR.
·      Installation of the shade structure on the Kindergarten playground.
·      Installation of Sound Panels in the Canyon View MPR
·      Lego Robotics team registrations and equipment used by CV students and Community Schools
·      Imagine Learning software purchase used by CV teachers, students, and Community Schools
·      Soccer Goals used by CV Physical Education and Community Schools
·      Scooters used by CV Physical Education and Community Schools
·      30 sets of headphones used by CV students and Community Schools
·      “Coyote Code” program and school assembly used by CV staff, students and Community Schools