Arizona Title 35 - Public Finances
Chapter 1 - BUDGETARY AND FISCAL PROVISIONS FOR STATE AGENCIES
Article 1 - General Provisions
Article 2 - Budget Preparation
- §35-111 Executive budget; revisions
- §35-112 Forms for budget unit estimates; date of transmittal
- §35-113 Submission of budget estimates
- §35-113.01 Request for federal funds
- §35-114 Continuous financial planning; submission of tentative budget report; appropriations estimate report
- §35-115 Contents of budget report
- §35-116 Supervisory powers of governor relating to budget report; exceptions
- §35-117 Participation of governor‑elect in budget hearings
- §35-118 Transmission of budget report to legislature
- §35-119 Assistance to appropriation committees
- §35-120 Additional powers of governor
- §35-121 Format of appropriations
- §35-122 Strategic plans; program lists; compilation
- §35-123 Nonappropriated monies; report
- §35-124 Performance pay component; identification
Article 2.1 - Accounting for State Funds
Article 3 - Control of Receipts and Expenditures
- §35-141 General fund; payment of salaries and expenses
- §35-142 Monies kept in funds separate from state general fund; receipt and withdrawal
- §35-142.01 Reimbursement of appropriated funds; receipt and deposit
- §35-143 Collection through budget units; time for collection; failure to collect; liability
- §35-143.01 Special funds; appropriation; reversion; use
- §35-144 Budget stabilization fund; definitions
- §35-145 Control of taxes receivable from counties; statements from county treasurer; violation; penalty
- §35-146 Deposit of receipts by budget units
- §35-147 Treasurer's deposits; preparation and disposition
- §35-148 Payment for interagency services as credit to account of agency; transfer of miscellaneous state monies to general fund; exceptions
- §35-149 Disposition of private funds; contributions and suspense funds; exception
- §35-150 Current record of revenues; enforcement powers
- §35-151 Encumbrance documents; issuance and disposition
- §35-152 Special masters; payment of fees and expenses
- §35-154 Unauthorized obligations; effect; liability
- §35-155 Cash deposit as an alternative to a surety bond
Article 4 - Classification and Allotment of Funds
- §35-171 Bookkeeping procedures for treasurer
- §35-172 Authorized expenditures classed as appropriated
- §35-173 Allotment of appropriations; limitations; exceptions
- §35-174 Vacancy savings; definition; personal services and employee related expenditures; reversion
Article 5 - Fiscal Procedures, Controls and Reports
- §35-181.01 Presentation, approval and payment of claims and payrolls; amended claims
- §35-181.02 Audit, adjustment and settlement of claims; procedures for rejection
- §35-181.03 Audit of nonprofit corporations receiving state monies; definition
- §35-182 Certification of claims
- §35-183 Countersigning of warrants and vouchers
- §35-184 Numbering of warrants
- §35-185 Disbursements of monies
- §35-185.01 Treasurer's warrant notes; form; redemption; exception
- §35-185.02 Treasurer's warrant note redemption fund; receipt; appropriation
- §35-186 Duplicate warrants; notice; bond; form and effect
- §35-187 Warrants; limitation on payment
- §35-188 Allowance of set‑off against state; audit of claim
- §35-189 Issuance of certificate for claim for which no appropriation made
- §35-190 Incurring obligations after close of fiscal year; lapsing appropriations; exceptions
- §35-191 Administrative adjustment; refunds; presentation and disposition of claims; exemption
- §35-192 Authorization for declaration of disaster; authorization for liabilities and expenses; priorities and limitations; review and report of expenditures
- §35-192.01 Reimbursement procedures
- §35-192.02 Travel advances; administration; reimbursement
- §35-193 Revolving funds
- §35-193.02 Special services revolving fund; contents; administration; annual excess reversion
- §35-196 Illegal withholding or expenditure of state monies; civil liability
- §35-196.01 Expenditure of state monies for certain purposes
- §35-196.02 Use of public funds for abortion prohibited; exception
- §35-196.03 Refunds for invalid tax laws; appropriation required
- §35-196.04 Use of public monies for human cloning; prohibition; definition
- §35-197 Violations; classification
Article 6 - Recovery of State Monies Illegally Paid
- §35-211 Approval, allowance or payment of unauthorized claim; liability of parties; penalty
- §35-212 Injunctive and civil remedies; definition
- §35-213 Failure of attorney general to bring action; action by taxpayer; bond; amount of recovery and attorney fees
- §35-214 Inspection and audit of contract provisions
- §35-215 Influencing, obstructing or impairing audit; classification
Chapter 2 - HANDLING OF PUBLIC FUNDS
Article 1 - Custodians of Public Money
- §35-301 Duties and liabilities of custodian of public monies; violations; classification
- §35-302 Public money defined
Article 2 - State Management of Public Monies
- §35-310 Definitions
- §35-311 State board of investment; membership; powers and duties
- §35-312 Eligible depositories; collateral
- §35-313 Investment of trust and treasury monies; loan of securities
- §35-314 Equity investment of trust and treasury monies; definition
- §35-314.01 Permanent state land fund monies; investment
- §35-314.02 Budget stabilization fund monies; investment
- §35-315 Servicing banks; qualifications; proposals
- §35-316 Investment pools; deduction
- §35-317 State treasurer; duties; safekeeping of securities; interest; exemptions; responsibilities
- §35-318 Investment managers and advisors; treasury monies; investment services account
- §35-319 Reports; global security risk
Article 2.1 - Money Management
- §35-321 Definitions
- §35-323 Investing public monies; bidding; security and other requirements
- §35-324 Investment of trust funds; loan of securities; sale of permanent endowment securities
- §35-325 Servicing bank of public monies
- §35-326 Local government investment pool
- §35-327 Treasurer; duties; safekeeping of securities; warrants of financial officers; earnings; exemptions; responsibilities
- §35-328 Investment of sinking funds
- §35-329 Funds of charter cities
Article 3 - Payment of Agency Accounts
Article 6 - Acceptance of County or Municipal Warrants as Payment of Public Debts
- §35-381 Acceptance of warrants in payment of debts; exception
- §35-382 Effect of acceptance of warrants by county treasurer
- §35-383 Charging warrant to respective funds
Chapter 3 - PUBLIC INDEBTEDNESS
Article 1 - State Tax Anticipation Bonds
- §35-401 Definitions
- §35-402 Issuance of bonds
- §35-403 Form and contents of bonds
- §35-404 Amount of bonds; limitation
- §35-405 Resolution for issuance
- §35-406 Sale of bonds; use of proceeds
- §35-407 Payment of bonds and interest
- §35-408 Rights of holder of bond
Article 2 - State Indebtedness Bonds
- §35-421 State loan commissioners; issuance of bonds; exemption of bonds from taxes
- §35-422 Denominations and terms of bonds
- §35-423 Interest coupons
- §35-424 Sale of bonds; notice, publication and bids
- §35-425 Delivery of bonds
- §35-426 Application of proceeds to redemption of indebtedness; notice to redeem
- §35-427 Tax levy for amortization of bonds; determination of tax rate; additional levy; application of monies; violation; penalty
- §35-428 Redemption of bonds; notice; record of bonds redeemed
- §35-429 Issuance of state bonds for county, municipal or school district indebtedness
- §35-430 Cancellation of redeemed bonds; record of redemption; transmittal of abstract of record; payment of interest
- §35-431 Registration of bond; effect; entry of registration
Article 3 - County and Other Municipal Indebtedness
- §35-451 Local debt limit; exclusion of tax‑exempt property; increase in limitation; authority to issue bonds
- §35-451.01 Power to use outstanding bond authorizations of common or high school districts
- §35-452; Version 2 Election to authorize indebtedness; costs
- §35-452 Election to authorize indebtedness; costs
- §35-453; Version 2 Order for election
- §35-453 Order for election
- §35-454 Informational pamphlet for election; review; election; return; canvass of vote; certificate of election
- §35-455 Issuance and sale of bonds; call for election
- §35-456 Amount, denomination and form of bonds
- §35-456.01 Bonds; manual affixing of signatures
- §35-457 Sale of bonds; notice; bids; forfeiture of deposit; definitions
- §35-458 Levy of tax for payment of interest and bonds
- §35-458.01 Commercial paper; variable rate bonds; compound interest bonds; bonds subject to tender
- §35-459 Redemption of bonds and coupons
- §35-460 Erection of buildings
- §35-461 Payment of expenses of bond issues
Article 3.1 - Tax Anticipation Notes
- §35-465 Definitions
- §35-465.01 Tax anticipation notes
- §35-465.02 Form of notes
- §35-465.03 Limitations on issuance of notes
- §35-465.04 Application of taxes; payment of notes
- §35-465.05 Investment of tax anticipation note proceeds; period of investment covenants
- §35-465.06 Use of proceeds
- §35-465.07 Rights of holders
Article 3.2 - Grant Anticipation Notes
- §35-466 Definitions
- §35-466.01 Grant anticipation notes
- §35-466.02 Form of notes
- §35-466.03 Limitations on issuance of notes
- §35-466.04 Application of grant revenues; principal and interest redemption fund; payment of notes
- §35-466.05 Investment of note proceeds; period of investment covenants
- §35-466.06 Use of proceeds
- §35-466.07 Rights of holders
- §35-466.08 Prohibition against obligating state or political subdivisions; payment from grant revenues
Article 3.3 - Revenue Anticipation Notes
- §35-467 Definitions
- §35-467.01 Revenue anticipation notes
- §35-467.02 Form of notes; definition
- §35-467.03 Limitations on issuance of notes
- §35-467.04 Application of revenues, principal and interest redemption fund; payment of notes
- §35-467.05 Investment of note proceeds; period of investment covenants
- §35-467.06 Use of proceeds
- §35-467.07 Rights of holders
- §35-467.08 Prohibition against obligating state or political subdivisions; payment from revenues
Article 3.4 - Bonds Secured by Water Transportation Revenues
- §35-468 Definitions
- §35-468.01 Bonds secured by water transportation revenues
- §35-468.02 Issuance of bonds
- §35-468.03 Supplemental tax levy; interest fund; redemption fund
- §35-468.04 Pledge of revenues to secure debt instruments
- §35-468.05 Agreement of state
- §35-468.06 Bonds as obligation of political subdivision
- §35-468.07 Supplemental law
Article 4 - Refunding County and Other Municipal Indebtedness
- §35-471 Refunding bonds; resolution authorizing issuance; definition
- §35-472 Form and contents of bonds; payment of principal and interest
- §35-473 Limitation on issuance of refunding bonds
- §35-473.01 Refunding bonds issued in advance of maturity of the bonds to be refunded; definition
- §35-474 Levy of tax for payment of bonds
- §35-475 Exchange or sale of bonds; record of bonds paid or retired
Article 4.1 - Summary Sale of Property for Special Assessment Default
- §35-481 Applicability
- §35-482 Summary sale of delinquent property
- §35-483 Option to accelerate upon delinquency
Article 5 - Registration and Payment of Bonds
- §35-491 Registration of bonds; payment of principal and interest; paying agent; security for deposits; record date; definition
- §35-492 Reregistration or cancellation of registry of bond
- §35-493 Collection and payment of bond through bank or trust company; effect
- §35-494 Contracts as long‑term obligations
- §35-495 Supplemental nature of article
Article 6 - Recording State, County and Municipal Bonds
- §35-501 Department of revenue records of bond issues; debt level analysis and report
- §35-502 Reports to department of revenue; omission or refusal to comply; classification
- §35-503 Calculation of debt limits
- §35-504 Debt oversight commission; membership; compensation; duties
- §35-505 Exemption; industrial development
Article 7 - Federal Income Tax Considerations
- §35-511 Definitions
- §35-512 Authority to comply with federal income tax laws
- §35-513 Rebate set‑aside; authorization
- §35-514 Construction; right to contest; supplemental nature of article
- §35-515 Rebate reporting; state agencies
Chapter 4 - BANKRUPTCY OF TAXING DISTRICT
Article 1 - In General
- §35-601 Definitions
- §35-602 Exercise of powers
- §35-603 Filing petition; payment of expenses
- §35-604 Resolution authorizing filing of petition and representation of district by attorney
- §35-605 Powers of taxing district
- §35-606 Resolution of district assenting to plan as prerequisite of final decree of court becoming effective
- §35-607 Powers of district to consummate plan; issuance of refunding bonds; hearing upon resolution; notice
- §35-608 Purpose of article
Chapter 5 - INDUSTRIAL DEVELOPMENT FINANCING
Article 1 - Incorporation
- §35-701 Definitions
- §35-702 Proceedings to incorporate industrial development authority
- §35-703 Articles of incorporation of industrial development authority
- §35-704 Amendment to articles
- §35-705 Board of directors
- §35-706 Corporate powers
- §35-707 Assumption of mortgage loans
- §35-708 Financing certain owner‑occupied single family dwellings; exception
Article 2 - Bonds
- §35-721 Bonds of the corporation
- §35-722 Approval by elected official if required by federal law
- §35-723 Prohibition on state debt
- §35-724 Security for bonds
- §35-725 Bonds made legal investments
- §35-726 Approval of general plan before issuing bonds; fee; definition
- §35-728 Additional powers; allocating low‑income housing tax credits; report; definition
- §35-729 Exemption from procurement code
Article 3 - Tax Exemption and Liability
- §35-741 Exemption from taxation
- §35-742 Municipality or county not liable
- §35-743 Liability insurance
Article 4 - Corporations
- §35-751 Earnings of the corporation and exemption from restrictions
- §35-752 Dissolution of corporation and vesting of title in municipality or county
- §35-753 Recordation of documents
- §35-754 Chapter cumulative; no notice required
Article 5 - Cooperation With Governmental Bodies
Chapter 6 - POLLUTION CONTROL FINANCING
Article 1 - Incorporation
- §35-801 Definitions
- §35-802 Proceedings to incorporate pollution control corporations
- §35-803 Articles of incorporation of pollution control corporations
- §35-804 Amendment to articles
- §35-805 Board of directors
- §35-806 Corporate powers
- §35-807 Earnings of the corporation
- §35-808 Dissolution of corporation
- §35-809 Recordation of documents
- §35-810 Chapter cumulative; no notice required
Article 2 - Bonds
Article 3 - Tax Exemption and Liabilities
Article 4 - Cooperation With Governmental Bodies
Chapter 7 - ALLOCATION OF PRIVATE ACTIVITY BONDING AUTHORITY
Article 1 - General Provisions
- §35-901 Definitions
- §35-902 Allocation
- §35-903 Department of commerce designated as state registry; fee
- §35-904 Obtaining and issuing confirmations
- §35-905 Restrictions on confirmations
- §35-906 Allocations obtained after June 30 through 5:00 p.m. December 16
- §35-907 Allocations after 5:00 p.m. December 16
- §35-908 Principal amount of bonds issued less than confirmation; fee
- §35-909 Confirmation fees
- §35-910 Extension of confirmations
- §35-911 Board powers; certifications
- §35-912 Limitation of liability
- §35-913 Special allocations for mortgage revenue bonds and mortgage credit certificates; definitions