Arizona Arizona Revised Statutes

§ 11-624.01 — Procedure for payment of obligations after close of fiscal year

ARS § 11-624.01Title 11. Counties · Ch. 4. FISCAL PROVISIONS · Art. 2. Claims and Warrants

Statute text

11-624.01. Procedure for payment of obligations after close of fiscal year A. Annually on or before June 30, each county department or agency having outstanding liabilities attributable to the budgetary allotments of the fiscal year just ending shall file with the county board of supervisors for that county, in the manner and upon a form prescribed by the board and under oath, an "advice of encumbrance" for each item of outstanding liability the board of supervisors shall encumber such funds as are necessary and available to pay such properly entered encumbrances. Any encumbrances outstanding at the end of sixty days shall lapse and the remaining fund balance shall revert to the appropriate county fund. B. The county board of supervisors may draw warrants against the available balances of the budgetary items made for a fiscal year for a period of sixty days after the close of such fiscal year. Warrants may be drawn after the close of a fiscal year only for payment of liabilities incurred during the fiscal year for which such budget was approved. C. After expiration of the period of sixty days from the beginning of each fiscal year, the balance shall lapse and be applied as provided in subsection A of this section and no further payments shall be made on any claim for expenditures of such prior fiscal year.