Arizona § 48-6251 Annual budget

Arizona Statutes

§ 48-6251 — Annual budget

Arizona § 48-6251

Title 48Arizona Revised Statutes

Ch. 36THEME PARK DISTRICTS

Art. 3Financial Provisions

This text of Arizona § 48-6251 (Annual budget) 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. § 48-6251 (2026).

Text

(Conditionally Rpld.) A. On or before June 30 of each year, the board shall hold a public hearing to adopt a budget for the following fiscal year that includes: 1. District receipts during the preceding fiscal year. 2. Expenditures during the preceding fiscal year. 3. Estimates of amounts necessary for expenses during the following fiscal year, including amounts proposed for:

(a)Costs of planning, constructing, financing and maintaining the district's facilities.

(b)Administrative costs of the district. 4. Anticipated revenue to the district from each source in the following fiscal year. 5. A complete asset and liability statement. 6. A statement of profit or loss. 7. Cash on hand as of the date the budget is adopted and the anticipated balance at the end of the current fiscal

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(Conditionally Rpld.)

A. On or before June 30 of each year, the board shall hold a public hearing to adopt a budget for the following fiscal year that includes:

1. District receipts during the preceding fiscal year.

2. Expenditures during the preceding fiscal year.

3. Estimates of amounts necessary for expenses during the following fiscal year, including amounts proposed for:

(a) Costs of planning, constructing, financing and maintaining the district's facilities.

(b) Administrative costs of the district.

4. Anticipated revenue to the district from each source in the following fiscal year.

5. A complete asset and liability statement.

6. A statement of profit or loss.

7. Cash on hand as of the date the budget is adopted and the anticipated balance at the end of the current fiscal year.

8. An itemized statement of commitments, reserves and anticipated obligations for the following fiscal year.

9. A description of the amount and nature of private funding and financing committed to theme park purposes as required by section 48-6272, subsection D.

B. The board may amend the budget on a finding of good cause.