Arizona Revised Statutes Title 48. Special Taxing Districts § 48-4979. Assessment levy

A. On or before the third Monday of August of each year after the qualification of any real property as water district member land, the district shall levy an annual replenishment assessment against each parcel of water district member land that is subject to a water district parcel replenishment obligation. The assessment shall be levied for the active management area in which the district is located at a rate per acre-foot of groundwater sufficient to produce the amount of money estimated as needed to pay the costs and expenses to replenish groundwater established under § 48-4973, subsection A and taking into account any annual replenishment tax levied against municipal providers under § 48-4982.

B. The district shall promptly certify the assessment rate to the board of supervisors of each county in which water district member lands are located, and those boards of supervisors at the time of levying general county taxes shall levy and cause to be collected replenishment assessments against the parcels of water district member land within such county at the assessment rate fixed by the district. The replenishment assessment collected against a parcel of water district member land shall equal the assessment rate per acre-foot of groundwater fixed by the district multiplied by the water district parcel replenishment obligation of the parcel.

C. The assessment when collected shall be deposited, pursuant to §§ 35-146 and 35-147, in the special fund established under § 48-4974, subsection A, paragraph 3 to be expended by the district only for the purposes authorized by this article.