{"data":{"id":"us-az/a.r.s.-42-17108","jurisdiction":"us-az","citation":"A.R.S. § 42-17108","heading":"Encumbering municipal monies to pay obligations after close of fiscal year","body":"A. A city or town may encumber monies at the end of a fiscal year for any liabilities incurred during that fiscal year and still outstanding at the end of the fiscal year.\n\nB. Payments may be made from encumbered monies for a period of sixty days immediately after the end of the fiscal year. After the expiration of the sixty day period:\n\n1. Any remaining encumbered balance lapses.\n\n2. No further payments may be made from the budget of the preceding fiscal year.","path":["Title 42 Taxation"],"source_url":"https://www.azleg.gov/ars/42/17108.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"1328475fcc568ace8cd986949ac1cb04862b616fa4ec79019e7a69efb0b69894","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-42-17107","next":"us-az/a.r.s.-42-17109"},"notice":"GroundRules: Original legal text. Not legal advice."}