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The Arizona School
Facilities Board (SFB) was created to ensure that school buildings and
equipment meet appropriate guidelines for Arizona students to achieve
academic success. SFB is charged with administering four funds that help
districts comply with the guidelines, purchase land, build schools, and help
maintain existing facilities. Rising school construction costs and rising
student enrollment will have a growing impact on the State’s General Fund.
SFB should continue efforts to improve oversight of building-renewal
expenditures and controls over the monies paid for school projects. In
addition, the Legislature may want to consider revising the building-renewal
funding formula. SFB should also improve internal controls over its IT
system, which is used to manage payments.
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