§ 42-17101 Annual county and municipal financial statement and estimate of expenses
§ 42-17102 Contents of estimate of expenses
§ 42-17103 Public access to estimates of revenues and expenses; notice of public hearing; access to adopted budget
§ 42-17104 Public hearing on expenditures and tax levy
§ 42-17105 Adoption of budget
§ 42-17106 Expenditures limited to budgeted purposes; transfer of monies
§ 42-17107 Truth in taxation notice and hearing; roll call vote on tax increase; definition
§ 42-17108 Encumbering municipal monies to pay obligations after close of fiscal year
§ 42-17109 Alternative and additional method of leasing municipal facilities
§ 42-17110 Budget of a newly incorporated city or town
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Terms Used In Arizona Laws > Title 42 > Chapter 17 > Article 3 - Local Government Budgeting Process

  • Assessed valuation: means the value derived by applying the applicable percentage prescribed by chapter 15, article 1 of this title to the full cash value or limited property value of the property, as applicable. See Arizona Laws 42-11001
  • Commission: means the property tax oversight commission established by section 42-17002. See Arizona Laws 42-17001
  • Department: means the department of revenue. See Arizona Laws 42-1001
  • 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
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Political subdivision: means a county, charter county, city, charter city, town, community college district or school district. See Arizona Laws 42-17001
  • Primary property taxes: means all ad valorem taxes except for secondary property taxes. See Arizona Laws 42-11001
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Roll: means the assessment and tax roll. See Arizona Laws 42-11001
  • Secondary property taxes: means :

    (a) Ad valorem taxes or special property assessments that are used to pay the principal of and the interest and redemption charges on bonded indebtedness or other lawful long-term obligations that are issued or incurred for a specific capital purpose by a municipality, county or taxing district. See Arizona Laws 42-11001

  • Valuation: means the full cash value or limited property value that is determined for real or personal property, as applicable. See Arizona Laws 42-11001