§ 28-7009 – Statewide transportation acceleration needs account; establishment; definition
28-7009. Statewide transportation acceleration needs account; establishment; definition A. The statewide transportation acceleration needs account is established as a separate account in the state highway fund. The account consists of all of the following, except that the source of monies in the fund shall not be a consent agreement or any type of negotiated settlement […]
§ 28-6994 – Highway damage recovery account
28-6994. Highway damage recovery account A. The highway damage recovery account is established as a separate account in the state highway fund established by section 28-6991. The department shall deposit, pursuant to sections 35-146 and 35-147, all monies received for damage caused to state highways, portions of highways forming state routes, fixtures and other state […]
§ 28-7010 – Transportation acceleration interest reimbursement account
28-7010. Transportation acceleration interest reimbursement account A. The transportation acceleration interest reimbursement account is established as a separate subaccount of the statewide transportation acceleration needs account established by section 28-7009. The subaccount may include: 1. Legislative appropriations. 2. Monies designated for deposit in the account by the transportation board, a state agency or a political […]
§ 28-6995 – Preferences
28-6995. Preferences A. In spending monies from the state highway fund, the department shall give preference to the requirements of the budget in the following order: 1. Constructing highways in cooperation with the United States. 2. Taking over and constructing other state highways. B. Reconstruction or replacement of existing highways that are damaged or destroyed […]
§ 28-6996 – State highway fund; investment
28-6996. State highway fund; investment On notice from the director the state treasurer shall invest and divest monies in the state highway fund in obligations issued or guaranteed by the United States or any of the senior debt of its agencies, sponsored agencies, corporations, sponsored corporations or instrumentalities, and monies earned from investment shall be […]
§ 28-6997 – Fiscal year; budget
28-6997. Fiscal year; budget A. The fiscal year of the department begins on July 1 of each year and ends the following June 30. B. The department shall operate strictly under a budget provided and authorized by the legislature.
§ 28-6998 – Public monies; expenditure
28-6998. Public monies; expenditure A. The department is subject to the provisions of title 35, chapter 1 relating to public finances and to all other acts of the legislature applicable to the expenditure of public monies. B. The department shall conform to the state budget system and shall not make expenditures unless both: 1. The […]
§ 28-6999 – Expenditure; appropriation limitation; violation; classification; civil action
28-6999. Expenditure; appropriation limitation; violation; classification; civil action A. Except for repayment of loan repayment agreements and interest on loan repayment agreements pursuant to section 28-7676, advances and interest on advances made to the department pursuant to section 28-7677, principal of and interest on board funding obligations delivered pursuant to section 28-7678 and bonds and […]
§ 28-6991 – State highway fund; sources
28-6991. State highway fund; sources The state highway fund is established that consists of: 1. Monies distributed from the Arizona highway user revenue fund pursuant to chapter 18 of this title. 2. Monies appropriated by the legislature. 3. Monies received from donations for the construction, improvement or maintenance of state highways or bridges. These monies […]
§ 28-6992 – Director of department of administration; comptroller of fund
28-6992. Director of department of administration; comptroller of fund A. The director of the department of administration is the comptroller of all expenditures from the state highway fund. B. The duties of the director of the department of administration under this section are supervisory. The director of the department of administration shall not approve a […]