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Code · Arizona · Title 48 — Special Taxing Districts

48-557. Deficiency in fund; temporary advancements

61 words·~1 min read·/az/title-48/48-557

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

If there is a deficiency in the funds collected from the special assessments, the municipality shall make good the deficiency by transferring into the special fund out of its general fund an amount sufficient to make such deficiency good, reimbursing itself from the funds collected from the installments when they are received, or from any monies thereafter coming into the fund.
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