The county treasurer shall keep an account of all school district debt service funds, showing the school district to which each fund belongs. On or before the fifteenth day of each month the treasurer shall credit the amount of monies collected during the preceding month to which the school district is entitled. The treasurer shall receive and credit any and all interest or income earned by the debt service fund.

Terms Used In Arizona Laws 15-1027

  • Month: means a calendar month unless otherwise expressed. See Arizona Laws 1-215
  • School district: means a political subdivision of this state with geographic boundaries organized for the purpose of the administration, support and maintenance of the public schools or an accommodation school. See Arizona Laws 15-101