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AZ SB1763
Bill
Status
Engrossed
3/4/2026
Primary Sponsor
Tim Dunn
Click for details
AI Summary
- Amends Arizona statutes governing school district fund management and financial reporting requirements
- Allows school districts to transfer remaining gift, grant, and devise monies to a newly established "additional monies fund" (Section 15-1232) instead of using them only to reduce taxes
- Repeals Section 15-1224 and replaces references throughout the statutes with the new Section 15-1232 for handling school district additional monies
- Establishes specific deadlines for annual financial reports: October 15 for submission to the superintendent, November 15 for publication, and August 15 for the auditor general to prescribe report formats
- Requires school districts to deposit monies with the county treasurer as provided by law, except for student activities monies, auxiliary operations, and funds designated under the new additional monies fund provisions
Legislative Description
School districts; funds; financial reports
School Districts
Last Action
House read second time
3/16/2026
Committee Referrals
Rules3/11/2026
Education3/4/2026
Rules2/5/2026
Education Accountability and Reform2/5/2026
Full Bill Text
No bill text available