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Arizona Revised Statutes Title 8. Child Safety § 8-1184. Budget and funding process

Current as of January 01, 2025 | Updated by Findlaw Staff

A. Upon receipt and approval of the regional partnership councils' needs and assets assessments pursuant to § 8-1161, the board shall begin its annual budgeting process.

B. Beginning in 2008, on or before November 1 of each year the board shall hold a public hearing to adopt a budget for the next fiscal year that includes:

1. Receipts during the past fiscal year and current fiscal year to date.

2. Expenditures during the past fiscal year and current fiscal year to date.

3. Estimates of amounts necessary for expenses during the next fiscal year including amounts proposed for:

(a) Funding of regional plans pursuant to §§ 8-1161 and 8-1173.

(b) Statewide grants pursuant to § 8-1192.

(c) Statewide and regional programmatic and educational activities of the board pursuant to §§ 8-1192 and 8-1161.

(d) Administrative costs of the board and the regional partnership councils.

(e) Expenditure of funds from federal, state, or local grants and/or private gifts, if any.

4. Anticipated revenue to the board from each source available for expenditure in the next fiscal year.

5. A complete asset and liability statement.

6. Cash on hand as of the date the budget is adopted and the anticipated balance at the end of the current fiscal year.

7. An itemized statement of commitments, reserves and anticipated obligations for the next fiscal year.

C. The board may amend the budget on a finding of good cause.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 8. Child Safety § 8-1184. Budget and funding process - last updated January 01, 2025 | https://codes.findlaw.com/az/title-8-child-safety/az-rev-st-sect-8-1184/

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