Arizona § 48-4888 Annual financial report and audit

Arizona Statutes

§ 48-4888 — Annual financial report and audit

Arizona § 48-4888

Title 48Arizona Revised Statutes

Ch. 28ACTIVE MANAGEMENT AREA WATER DISTRICT

Art. 4Financial Provisions

This text of Arizona § 48-4888 (Annual financial report and audit) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 48-4888 (2026).

Text

A.On or before December 1 each year the board shall make a verified statement of the financial condition of the district as of June 30 of the preceding fiscal year, showing particularly the receipts and disbursements during the fiscal year and the source of the receipts and the purpose of the disbursements. The statement may be included in and combined with the annual report prescribed by section 48-4834, subsection C.

B.Within thirty days after the close of each fiscal year the district shall cause an audit to be made of the funds of the district by a certified public accountant. The board shall file a copy of the audit with the auditor general. The auditor general may make such further audits and examinations as he deems necessary and may take appropriate action relating to the audit

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A. On or before December 1 each year the board shall make a verified statement of the financial condition of the district as of June 30 of the preceding fiscal year, showing particularly the receipts and disbursements during the fiscal year and the source of the receipts and the purpose of the disbursements. The statement may be included in and combined with the annual report prescribed by section 48-4834, subsection C.

B. Within thirty days after the close of each fiscal year the district shall cause an audit to be made of the funds of the district by a certified public accountant. The board shall file a copy of the audit with the auditor general. The auditor general may make such further audits and examinations as he deems necessary and may take appropriate action relating to the audit pursuant to title 41, chapter 7, article 10.1. If the auditor general takes no official action within thirty days after the audit is filed, the audit is deemed sufficient. The board shall pay any fees and costs of the certified public accountant and auditor general under this section from the general fund of the district.