Fewer than 9,000 votes separated approval of Proposition 123 from disapproval in the May 17 Special Election.
By late Wednesday, ayes had it at 50.48 percent.
Tuesday’s election had a statewide turnout of almost 28 percent. There were two questions on the ballot.
If the count holds up for Prop. 123, it is expected to provide $598 million to Arizona schools by increasing the annual distributions from the state land trust permanent funds for schools. It is a settlement of so-called inflation litigation against the state Legislature. A Superior Court judge said the state owed schools $1.3 billion.
Pinal County voted in favor of the settlement, 16,822 to 14,985.
Maricopa Unified School District Superintendent Steve Chestnut said he expected the vote to be close. If it does pass, MUSD expects to receive around $1.25 million in June. That will be worked into the 2016-17 budget, with a vote probably at the June 22 meeting of the board.
Proposition 124 had an easier time getting voter approval Tuesday. It passed by a margin of 70 percent to 30 percent.
It amends the Constitution to allow a compounding cost-of-living adjustment for the Public Safety Personnel Retirement System.
Pinal County voters approved the proposition, 20,884 to 10,414.
Proposition 123
Yes 464,847 50.48%
No 456,058 49.52%
Proposition 124
Yes 625773 70%
No 267,098 30%
