§ 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 […]
§ 28-7000 – Contracts; exceptions
28-7000. Contracts; exceptions A. Notwithstanding section 28-6999, the department may enter into: 1. Construction contracts the performance of which may extend beyond the close of the fiscal year. 2. Contracts or agreements for the purpose of right-of-way acquisitions that may obligate state monies for payment up to ten years before the estimated completion date of […]
§ 28-7001 – Right-of-way purchase; financing
28-7001. Right-of-way purchase; financing A. If the department elects to enter into a contract or agreement for the purchase of right-of-way and in addition to other methods of acquisition prescribed by law, at the discretion of the property owner, the department may enter into a contract or agreement for the purchase of right-of-way utilizing one […]
§ 28-7002 – Right-of-way acquisitions; applicability; limitation
28-7002. Right-of-way acquisitions; applicability; limitation A. Sections 28-7000 and 28-7001 relating to right-of-way acquisitions apply only to advance acquisition of rights-of-way and do not apply to any other means of right-of-way acquisition. B. The department shall not initiate financing as prescribed in sections 28-7000 and 28-7001 after a condemnation action is filed.
§ 28-7003 – Construction program account transfers
28-7003. Construction program account transfers The director of the department of transportation may certify to the director of the department of administration the transfer of amounts from one construction program account to another construction program account only as follows: 1. Construction program items involving urban projects constructed with federal urban monies and state highway monies […]
§ 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 […]