Arizona Laws 18-304. Debt reporting by state and local governments; database
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A. State government and all local governments shall report to the department of administration all incurred debt, including the date of issue, purpose, original amount, current balance, interest paid to date and principal and interest paid in the latest full fiscal year according to a schedule determined by the department.
Terms Used In Arizona Laws 18-304
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
- State government: means any department, commission, board, institution or other agency of the state organization receiving, expending or disbursing state funds or incurring obligations against the state. See Arizona Laws 18-301
B. The department of administration shall maintain an online accessible and searchable database and, subject to approval by the joint legislative budget committee, may require additional information that is not listed in this section.