The county treasurer shall keep an account of all school district debt service funds, showing the school district to which each fund belongs. On or before the fifteenth day of each month the treasurer shall credit the amount of monies collected during the preceding month to which the school district is entitled. The treasurer shall receive and credit any and all interest or income earned by the debt service fund.
A.R.S. § 15-1027
Administration of school district debt service funds by county treasurer
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.