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 ¦ REFERENCE TITLE: technological education districts; excess utilities. ¦
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 ¦                                                                    ¦
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 ¦ State of Arizona                                                   ¦
 ¦ House of Representatives                                           ¦
 ¦ Forty-fifth Legislature                                            ¦
 ¦ First Regular Session                                              ¦
 ¦ 2001                                                               ¦
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 ¦                             HB 2051                                ¦
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 ¦                          Introduced by                             ¦
 ¦                       Representative Gray                          ¦
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AN ACT

AMENDING SECTION 15-947.01, ARIZONA REVISED STATUTES; RELATING TO JOINT TECHNOLOGICAL EDUCATION DISTRICTS.

(TEXT OF BILL BEGINS ON NEXT PAGE)

Be it enacted by the Legislature of the State of Arizona:

Section 1. Section 15-947.01, Arizona Revised Statutes, is amended to read:

15-947.01. Revenue control limit; general budget limit; total capital budget limit for joint technological education districts

A. The revenue control limit and district support level for a joint technological education district are equal to the base support level determined in section 15-943.02.

B. The general budget limit for each joint technological education district, for each fiscal year, is the sum of the following:

1. The revenue control limit for the budget year.

2. The capital outlay revenue limit for the budget year.

3. Tuition revenues for attendance of nonresident pupils.

4. P.L. 81-874 assistance determined for children with disabilities, children with specific learning disabilities and children residing on Indian lands as provided in section 15-905, subsections K and O.

5. EXPENDITURES FOR EXCESS UTILITY COSTS AS PROVIDED IN SECTION 15-910.

C. The unrestricted capital budget limit for each joint technological education district for the budget year is as provided in section 15-947, subsection D.

D. The soft capital allocation limit for each joint technological education district for the budget year is as provided in section 15-947, subsection E.