The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
48-2702 - Annual estimate of expenditures by board of directors
48-2702. Annual estimate of expenditures by board of directors
The board of directors shall, on or before the first meeting of the board of supervisors in July each year, furnish the board of supervisors and the county assessor of the county in which the district is located, or if the district is not entirely within a county, then as otherwise provided by this article, to the board of supervisors and county assessors of each county in which any portion of the district is located, a written estimate of the amount of money needed for the purposes of the district for the ensuing fiscal year. The amount shall be sufficient to pay the annual interest on the outstanding bonds, the estimated cost of repairs, the incidental expenses of the district, and, in any year in which any bonds fall due, the principal of the outstanding bonds as they mature.