Arizona § 48-534 Procedure to supply deficiency in fund; refund of surplus funds

Arizona Statutes

§ 48-534 — Procedure to supply deficiency in fund; refund of surplus funds

Arizona § 48-534

Title 48Arizona Revised Statutes

Ch. 4MUNICIPAL IMPROVEMENT DISTRICTS

Art. 1Opening, Widening and Closing Public Ways

This text of Arizona § 48-534 (Procedure to supply deficiency in fund; refund of surplus funds) 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. § 48-534 (2026).

Text

A.If there is a deficiency in the fund for the improvement, the council may provide for the deficiency by an appropriation from the general fund of the treasury, or by ordering a supplementary assessment to be made by the street superintendent upon the property in the assessment district, under the same procedure as the original assessment, and to avoid delay, the council may advance the deficiency from the treasury and reimburse the treasury from the collections under the original or a supplementary assessment.

B.If there is a surplus the council shall order the surplus refunded and prorated to the parties who paid the assessments.

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A. If there is a deficiency in the fund for the improvement, the council may provide for the deficiency by an appropriation from the general fund of the treasury, or by ordering a supplementary assessment to be made by the street superintendent upon the property in the assessment district, under the same procedure as the original assessment, and to avoid delay, the council may advance the deficiency from the treasury and reimburse the treasury from the collections under the original or a supplementary assessment.

B. If there is a surplus the council shall order the surplus refunded and prorated to the parties who paid the assessments.