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Code · Arizona · Title 48 — Special Taxing Districts

48-921. Payment of costs from other sources

179 words·~1 min read·/az/title-48/48-921

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

A. When any money is available from the county, or a state or federal agency, or the general fund of the district, or from any other source, for paying the cost of the whole or any part of any of the work provided for in the resolution of intention, the board of directors may in the resolution of intention or in any resolution adopted before the assessment is finally approved, order that such money be applied to the whole or any portion of the improvements for which it is available and direct the remainder of the costs and expenses to be assessed proportionately on the lots liable to be assessed for such improvement.
B. In addition to any payments made as prescribed by subsection A of this section, a district may be financed from the following sources of revenue:
1. Proceeds received from the sale of bonds of the district.
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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