15-1661. Annual appropriation; enrollment audit; expenditure; balance; salaries A. There shall be appropriated in the general appropriation bill for each fiscal year a sum of monies not less than eighty-five one-hundredths of one mill on the dollar of the assessed valuation of all taxable property in the state for the improvement, support and maintenance of […]
15-1662. Universities; funds and accounts A. The state treasurer shall maintain the following separate permanent funds and accounts: 1. Universities land fund established by section 37-522. Distributions from the fund pursuant to article X, section 7, Constitution of Arizona, and monies derived from the lease, sale or other disposition of lands granted by the United […]
15-1663. Expenditure of land funds; eminent scholars matching grant fund A. Except as provided in subsection B of this section, the Arizona board of regents may expend, as it deems expedient and as is not inconsistent with the provisions of any appropriation, the income of the land funds established pursuant to the enabling act in […]
15-1664. Expenditure of monies All monies for the use and benefit of an institution under its jurisdiction shall be expended under the direction and control of the Arizona board of regents for the support and maintenance of such institution, buildings and grounds, and for any other purpose the board deems expedient if not inconsistent with […]
15-1665. Acceptance of federal and other monies The Arizona board of regents may accept grants of monies from the United States or any of its officers or agencies designated or created to make grants for public construction work, or from any individual, group of individuals, corporation or association.
15-1666. Federal monies; deposit and expenditure Monies obtained by the universities from the United States under special acts of Congress for specific purposes shall be deposited in a special fund by the board, and it shall be administered in accordance with the purpose of the act of Congress.
15-1667. Federal aid to experiment stations The state assents to the provisions and accepts the benefits of the act of Congress entitled " an act to authorize the more complete endowment of agricultural experiment stations and for other purposes, approved February 24, 1925." The Arizona board of regents is designated as a state board for […]
15-1668. Deposits of universities monies to be secured; exception A. Monies deposited by the universities shall be secured by regularly issued and interest-bearing bonds of the United States government or state, county, municipal or school district improvement bonds of this state of a market value equal at all times to the amount of the deposits, […]
15-1669. Payment of salaries; sick leave A. The Arizona board of regents may provide for payment of annual salaries of any person appointed or employed as provided in section 15-1626, subsection A, paragraph 2, over a twelve month pay period pursuant to agreement between such person and the board. B. The Arizona board of regents […]
15-1670. Appropriations for university research infrastructure facilities; university transfers; annual report; definitions A. In fiscal years 2017-2018 through 2030-2031, the following sums are appropriated from the state general fund to Arizona state university for lease-purchase capital financing for research infrastructure projects: 1. In fiscal year 2017-2018, $13, 481, 000. 2. In fiscal year 2018-2019, $13, […]
15-1671. University infrastructure capital financing; capital infrastructure funds; appropriations; uses; review; definitions A. A capital infrastructure fund is established for each university. Monies in each capital infrastructure fund are continuously appropriated for the purposes of this section. Each university shall administer its own capital infrastructure fund. Monies in the capital infrastructure funds are exempt from […]
