Arizona Statutes
§ 15-1104 — Unemployment compensation fund
Arizona·Title 15 Arizona Revised Statutes·Ch. 10 SCHOOL DISTRICT FUNDS AND RELATED OPERATIONS·Art. 1 Revolving Funds; School Plant, Insurance Proceeds, Unemployment Compensation, Civic Center School and Permanent Teacherage Funds
Unemployment compensation monies shall be deposited with the county treasurer who shall credit the deposits to the unemployment compensation fund of the respective school district. The unemployment compensation fund of a school district is a continuing fund not subject to reversion, except that any monies in the fund determined by the governing board, or the superintendent or chief administrative officer with the approval of the governing board, to be in excess of insurance needs shall be used for reduction of school district taxes for the budget year.
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Nearby Sections
15
§ 15-1000
County school fund§ 15-1001
Special county school reserve fund§ 15-101
Definitions§ 15-1022
Tax levy for bonds; administration and disposition of tax; cancellation of paid bonds; security§ 15-1023
Issuance of bonds§ 15-1028
Disposition of surplus tax monies