Arizona Laws 28-6502. Record of highway user revenues; minimum dollar distribution
A. The director shall file with the secretary of state a permanent record that contains a list of all highway user revenues collected, received or retained in this state in the fiscal year ending June 30, 1970. The list shall separately identify all sources of highway user revenues, including the number of dollars and cents that were distributed to, retained by or received by this state, by any county and by all of the cities and towns of any county cumulatively.
Terms Used In Arizona Laws 28-6502
- Director: means the director of the department of transportation. See Arizona Laws 28-101
- 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.
- highway: means the entire width between the boundary lines of every way if a part of the way is open to the use of the public for purposes of vehicular travel. See Arizona Laws 28-101
- highway user revenues: means all monies received in this state from licenses, taxes, penalties, interest and fees authorized by the following:
1. See Arizona Laws 28-6501
- including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
- State: means a state of the United States and the District of Columbia. See Arizona Laws 28-101
B. If the total highway user revenues derived equal or exceed the total derived in the fiscal year ending June 30, 1970, the state and any county shall not receive from these revenues for the use of each and for distribution to cities and towns fewer dollars than were received and distributed in the fiscal year ending June 30, 1970.
C. Statutory formulas existing on July 1, 1970 for the distribution of highway user revenues to the state, counties, cities or towns shall not be altered until highway user tax rates are raised and revenues are increased. New formulas adopted shall be based on the highway, road and street needs of the state, counties, cities and towns.