Arizona Laws 48-534. Procedure to supply deficiency in fund; refund of surplus funds
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A. If there is a deficiency in the fund for the improvement, the council may provide for the deficiency by an appropriation from the general fund of the treasury, or by ordering a supplementary assessment to be made by the street superintendent upon the property in the assessment district, under the same procedure as the original assessment, and to avoid delay, the council may advance the deficiency from the treasury and reimburse the treasury from the collections under the original or a supplementary assessment.
Terms Used In Arizona Laws 48-534
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- council: includes any body or board in which is vested by law the legislative power of a municipality. See Arizona Laws 48-501
- Improvement: includes all the improvements mentioned in this article, and the term or terms "street opening or widening" and "opening or widening" include all improvements mentioned in this article. See Arizona Laws 48-501
- Property: includes both real and personal property. See Arizona Laws 1-215
- Street: includes avenues, alleys, highways, lanes, crossings, intersections, courts, places and grounds now open or dedicated or hereafter opened or dedicated to public use, and public ways. See Arizona Laws 48-571
- superintendent: includes any person who, under whatever official name, is charged with the care or supervision of the streets of the city or town. See Arizona Laws 48-571
B. If there is a surplus the council shall order the surplus refunded and prorated to the parties who paid the assessments.