Arizona § 48-1308 - Financial report and budget

Full text of Arizona Arizona Revised Statutes § 48-1308 — Financial report and budget, with citation guidance and answers to common questions.

§ 48-1308. Financial report and budget

A. The board shall issue an annual financial report showing the receipts and expenditures of all monies and the district's assets and liabilities at the end of the fiscal year.

B. The board shall prepare an annual budget of proposed revenues and expenditures at least sixty days before the beginning of the fiscal year.

C. The board may choose to deposit district monies with the council to be spent at the board's direction.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 48-1308

What does Arizona Revised Statutes § 48-1308 cover?

Section 48-1308 ("Financial report and budget") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Arizona § 48-1308?

A common citation format is "Arizona Revised Statutes § 48-1308" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Arizona law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.

How does Arizona § 48-1308 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.