This bill proposes to amend the Arizona Revised Statutes by adding a new section, 35-198, which would specifically address the use of public monies for administrative costs. Under the new provision, budget units or political subdivisions that receive public funds would be permitted to allocate up to eight percent of the total public monies received for administrative expenses.

The current law remains unchanged, but this bill introduces a clear limitation on the percentage of public funds that can be used for administrative costs, thereby establishing a new standard for financial management within state budget units and political subdivisions.

Statutes affected:
Introduced Version: 35-198