This bill proposes to amend section 15-209 of the Arizona Revised Statutes, specifically updating the language regarding the financial processes for school districts. The current law mandates that the state board of education directs the department of administration to draw a warrant for apportioned funds, which the state treasurer pays upon presentation. The bill removes the term "division of finance" from the current statute, streamlining the reference to the department of administration.
Additionally, the bill clarifies the language concerning the deposit of funds by stating that the school district must deposit the apportioned monies with the county treasurer, who will then place the funds in the appropriate account for the district. The bill replaces the vague reference to "it" with "the monies," ensuring clarity in the disbursement process by the county treasurer, which remains contingent upon the school district's voucher and the county school superintendent's warrant.
Statutes affected: Introduced Version: 15-209