SB 1696 amends expenditure limitations for Arizona political subdivisions, community college districts, and school districts.
SB 1696 amends section 41-563 of the Arizona Revised Statutes to revise expenditure limitations for political subdivisions, community college districts, and school districts. The economic estimates commission is tasked with determining base limits and expenditure limitations based on population and GDP price deflators. The bill outlines specific methods for calculating expenditure limits for new counties, cities, and towns, as well as adjustments for annexations, consolidations, or boundary changes.
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