municipalities; budgets; amendments

This bill modifies Arizona's budgeting rules for cities and towns, allowing them to amend their adopted budgets during the fiscal year to spend additional revenues not included in the original budget. It removes the requirement to finalize such amendments by the third Monday in July and prohibits using these amendments to create new or higher taxes or fees. The amended budget must still stay within the total spending limits set by the published revised estimates. This change directly affects Arizona cities and towns managing their annual budgets.