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The state treasurer is the chief banker and investment officer for the state of Arizona. In this capacity, the state treasurer receives payments made to the state, accounts for and manages the state's cash flows, provides banking services to state agencies, directs and administers the investment of the state's approximately $95.9 billion portfolio, and disburses public monies in payment of ...
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year. [53] Exemptions can be quite substantial.
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Arizona is one of five states that do not have a specified lieutenant governor, so the Secretary of State is the first in line to succeed the Governor in the event of death, disability, resignation, or removal from office. The line of succession also includes the attorney general, state treasurer, and superintendent of public instruction.
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As the top elected official, the governor is the head of the executive branch of the Arizona state government and is charged with faithfully executing state laws. [5] The governor has the power to either approve or veto bills passed by the Arizona State Legislature ; [ 6 ] to convene the legislature; [ 5 ] and to grant pardons , [ 7 ] with the ...
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Another county, La Paz County, is named after a former settlement, while the final county, Greenlee County, is named after one of the state's early pioneers. [3] Under Arizona laws, a county shall not be formed or divided by county initiative unless each proposed county would have all of the following characteristics: (1) at least three-fourths ...