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Arizona Revised Statutes Title 48. Special Taxing Districts § 48-1044. Finances

Current as of January 01, 2024 | Updated by FindLaw Staff

The rural road improvement projects may be financed from the following sources of revenue:

1. Proceeds received from the sale of bonds of the district. In addition to issuing general obligation bonds as prescribed by § 48-1045, the district may issue improvement bonds in the manner prescribed for county improvement districts established pursuant to article 1 of this chapter  1 that are payable over not more than ten years.

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.

1 Section 48-901 et seq.
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Cite this article: FindLaw.com - Arizona Revised Statutes Title 48. Special Taxing Districts § 48-1044. Finances - last updated January 01, 2024 | https://codes.findlaw.com/az/title-48-special-taxing-districts/az-rev-st-sect-48-1044.html

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