Arizona · FIN.8

State facilities revenue bonds are repaid from state trust-land revenues

Statutory

Descriptive

Active

Revenue bonds issued for Arizona school facilities are repaid from revenues generated by the lease or sale of state trust lands rather than from the state's general taxing power.

State: Arizona
Topic: FIN.8 Other Debt Instruments

Evidence & sources

NCSI profile: Arizona State Roles and Responsibilities for PK-12 Public School Facilities (2025), printed p. 27
Legal sources: A.R.S. § 41-5751 — Arizona Revised Statutes § 41-5751 (Statute / Code, primary)
A.R.S. § 41-5781 — Arizona Revised Statutes § 41-5781 (Statute / Code)
A.R.S. § 37-221 — Arizona Revised Statutes § 37-221 (Statute / Code)
Verification: Profile Only

Prototype research tool. Records are normalized from NCSI state profiles and have not been verified against current statutes or regulations. This is not legal advice — consult primary legal sources for current requirements.