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ARIZONA STATE SENATE

Fifty-Fifth Legislature, First Regular Session

 

FACT SHEET FOR H.B. 2386

 

town councils; financial statements; websites

Purpose

            Requires, at least 10 days before a biennial election, the common council of a town to publish the town's biennial financial statement on the town website.

Background

            The corporate powers of an incorporated town are vested in a common council (A.R.S. § 9-231). The common council must, at least 10 days before a biennial election, publish the following in a newspaper published in the town, or in three or more public places in the town if there is no newspaper published in the town: 1) a full and correct statement of all monies received into the town treasury since the last report; 2) the sources from which the monies were severally derived; and 3) all disbursements and expenditures and the account upon which the disbursement was made (A.R.S. § 9-246).

There is no anticipated fiscal impact to the state General Fund associated with this legislation.

Provisions

1.   Requires, at least 10 days before a biennial election, the common council of a town to publish the town's biennial financial statement on the town website.

2.   Makes technical changes.

3.   Becomes effective on the general effective date.

House Action

GE                   2/3/21       DP       13-0-0-0

3rd Read          2/11/21                 60-0-0

 

Prepared by Senate Research

March 4, 2021

MH/HF/gs