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Code · Arizona · Title 48 — Special Taxing Districts

48-1044. Finances

97 words·~1 min read·/az/title-48/48-1044

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The rural road improvement projects may be financed from the following sources of revenue:
1. Proceeds received from the sale of bonds of the district. In addition to issuing general obligation bonds as prescribed by section 48-1045, the district may issue improvement bonds in the manner prescribed for county improvement districts established pursuant to article 1 of this chapter that are payable over not more than ten years.
2. Monies of the county that are contributed to the district.
3. State or federal grants.
4. Private contributions.
5. Any other monies available to the district by law.
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