Arizona HB 2015: school employees; statements; employer discipline

Bill Text

HB2015 - 572R - H Ver 

 House Engrossed

 budget procedures; 
 late filing penalty

 State of Arizona

 House of Representatives

 Fifty-seventh Legislature

 Second Regular Session

 2026

 HOUSE BILL 2015

AN 
ACT

Amending section 35-131, Arizona Revised 
Statutes; relating to ACCOUNTING reports.

(TEXT OF BILL BEGINS ON NEXT PAGE)

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

Section 1. Section 35-131, Arizona Revised 
Statutes, is amended to read:

START_STATUTE35-131. Accounting system; reports; notice of deficiency; forms

A. In accordance with generally accepted 
governmental accounting principles, the department of administration shall 
develop and prescribe for the use of all budget units a uniform accounting 
system so designed as to ensure compliance with all legal and constitutional 
requirements, including those respecting receiving, spending and accounting for 
public monies.

B. The department of administration shall maintain 
complete, accurate and current financial records relating to state monies and 
to other public monies in the state treasury available to, encumbered by or 
expended by each budget unit, including trust monies or other monies not 
subject to appropriation, setting out all revenues, charges against all funds, 
fund and appropriation balances, interfund transfers, outstanding warrants, 
checks, electronic funds transfer vouchers and encumbrances, in a manner consistent 
with the uniform state accounting system, to prepare statewide financial 
statements in accordance with generally accepted governmental accounting 
principles.

C. Each month the department of administration shall 
prepare and submit to the governor a report summarizing by budget unit and 
appropriation or other fund source the information prescribed in subsection B 
of this section in a form that will most clearly and accurately set out the 
current fiscal condition of the state and shall furnish to each budget unit a 
report of its transactions by appropriation or other fund source in a form that 
will clearly and accurately show the fiscal activity and condition of the 
appropriation or fund source.

D. The responsible official for each budget unit 
shall monitor reports prepared pursuant to subsection C of this section to 
identify any projected total deficiency for the budget unit fiscal 
year. On a determination of a projected deficiency, the official 
shall take any action necessary to ensure continuing compliance with section 1-254 
by notifying the governor, the speaker of the house of representatives, the 
president of the senate and the chairman of the joint legislative budget 
committee of the deficiency and the reasons for the deficiency. The 
initial notification of the deficiency shall be followed within ten business 
days by a report from the responsible budget unit official that includes the 
following:

1. A complete explanation of the causes of the 
deficiency.

2. A plan that ensures that the deficiency will be 
resolved within the fiscal year without supplemental appropriation and that 
includes the policy and programmatic implications of the deficiency and the 
plan.

3. A commitment to provide a progress report if the 
projected degree of deficiency changes substantially. The report 
shall include additional measures necessary to ensure resolution of the 
deficiency within the fiscal year.

E. On or before December 1 of each year, the 
director of the department of administration shall submit to the governor a 
complete report of the financial transactions of the preceding fiscal year and 
of the financial condition of the state at the end of that year with such 
comments and supplementary data as the director of the department of 
administration deems necessary to make the report complete and readily 
understandable. The report shall include all appropriated and 
nonappropriated monies in no less detail than the state general fund.

F. On or before February 1 of each year, the 
director of the department of administration and the state treasurer shall 
submit to the joint legislative budget committee a report explaining any 
differences between the department of administration's estimate of the previous 
fiscal year's state general fund ending balance submitted pursuant to 
subsection E of this section and the state treasurer's estimate of the invested 
balance, including the state general fund share of that balance, as of June 30 
of the previous fiscal year submitted pursuant to section 41-172. 

G. In preparing the comprehensive annual financial 
report published in accordance with generally accepted accounting principles, 
the department of administration shall include supplementary schedules that 
reconcile any differences between the state general fund as reported in the 
comprehensive annual financial report and the state general fund as reported in 
the annual financial report required by subsection E of this 
section. This reconciliation shall address revenue