Arizona § 48-4503 - Certification and levy of ad valorem taxes; limitation
Full text of Arizona Arizona Revised Statutes § 48-4503 — Certification and levy of ad valorem taxes; limitation, with citation guidance and answers to common questions.
§ 48-4503. Certification and levy of ad valorem taxes; limitation
A. On or before the second Monday in August of the fourth calendar year following the year in which the district is established and each year thereafter, the clerk of the board of supervisors of each county in which all or part of the district is located shall certify to the board of directors the total assessed valuation of all taxable property in the district and in the county.
B. On or before the third Monday in August of each year, beginning in the fourth calendar year in which the district is established, the board of directors shall fix the amount to be raised by ad valorem property taxation and shall certify to the respective county boards of supervisors a tax sufficient to raise that amount. The total tax to be levied for all purposes pursuant to this section for a taxable year shall not exceed a rate of two cents per one hundred dollars of assessed valuation of all taxable property in the district. The board of directors shall approve the amount to be raised by taxation under this section as follows:
1. The board shall designate the amount of the tax levy to be imposed for bonds and bond related expenses as provided by article 5 of this chapter.
2. The board shall designate the amount of the tax levy to be imposed for purposes of paying for capacity costs and costs of acquiring district water that are not subject to bond financing.
3. On approval by two-thirds of the members of the board of directors, taken by roll call, the board may designate an amount not exceeding one-half cent per one hundred dollars of assessed valuation to pay administrative costs of the district.
C. The respective boards of supervisors shall levy and cause the tax to be collected at the same time and in the same manner as general county property taxes.
D. The tax revenues collected pursuant to this section shall be paid to the district and used solely for the purposes for which they were imposed and collected.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 48-4503
What does Arizona Revised Statutes § 48-4503 cover?
Section 48-4503 ("Certification and levy of ad valorem taxes; limitation") 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 § 48-4503?
A common citation format is "Arizona Revised Statutes § 48-4503" (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 § 48-4503 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.