2005 Arizona Revised Statutes - Revised Statutes §48-4886 Receipt of monies; disbursements; operation of accounting system
A. Monies due to the district under agreements for the sale of water or other services, proceeds of bond issues or any other obligation may be made payable at the office of the district. All monies derived from operations of the district and received by any officer, agent or employee of the district shall be promptly remitted to the secretary-treasurer.
B. All operation monies of the district shall be paid out only according to the regularly adopted operation budget of the district on warrants in discharge of claims and obligations approved by the board, signed by the chairman of the board and countersigned by the executive director or other duly authorized officer of the district.
C. The appropriate claim vouchers shall be regularly entered in the accounting system of the district and preserved for auditing purposes.
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