Arizona Revised Statutes § 48-3132 Cash Basis Operation

48-3132. Cash basis operation

A. The board of directors of an irrigation district may elect to operate on a cash basis or on an assessment and tax levy basis, or on a combination of both.

B. To provide funds for a cash operation, the board shall fix a minimum annual rate on each acre of land that has water rights in the district, which shall not be refunded and which, upon failure to pay, shall be a lien upon the land. A charge shall also be fixed by the board for all water required in excess of that provided in the minimum rate, to be paid to the district prior to delivery of the water. Any payments made for water in excess of that actually used will be refunded upon demand or may be applied to the following year's assessment.

C. The board of directors of a district which operates on a cash basis shall appoint a treasurer who shall carry out the provisions of this section. Such treasurer shall give bond in an amount set by the board. the cost of such bond shall be paid by the district.

D. The county treasurer shall be relieved of all responsibility for acting as ex officio treasurer of a district which operates on a cash basis under this section.

Section: Previous  48-3124  48-3125  48-3126  48-3127  48-3128  48-3129  48-3131  48-3132  48-3133  48-3151  48-3152  48-3153  48-3154  48-3155  48-3156  Next

Last modified: October 13, 2016