This bill proposes to amend section 15-209 of the Arizona Revised Statutes, specifically updating the language regarding the disbursement of funds to school districts. The current law mandates that the state board of education directs the department of administration to draw a warrant for the apportioned amount, which the state treasurer pays upon presentation. The school district is then required to deposit these funds with the county treasurer, who places them in the appropriate fund for the district.
The proposed changes include a deletion of the term "division of finance" and the word "it," replacing them with the insertion of "the monies." This clarifies the language regarding the handling of funds, ensuring that the reference to the deposited amount is explicit. Overall, the bill aims to streamline the process and enhance clarity in the financial procedures related to school district funding.
Statutes affected: Introduced Version: 15-209