What is the difference between an Alternative Expenditure Limitation (Home Rule), Permanent Base Adjustment, and a One-Time Override?
Home RuleArizona Constitution, Article IX, 20(9) allows a city or town to adopt an alternative expenditure limitation (home rule) with voter approval at a regularly scheduled election for the nomination or election of members of the governing board of the city or town. A home rule prescribes the method the municipality will use to calculate its own expenditure limitation each year. Approval of a home rule must occur prior to the first fiscal year in which it applies. Home rules apply for 4 succeeding fiscal years, after which the constitutional expenditure limitation becomes effective, unless a new home rule is adopted. Permanent Base AdjustmentArizona Constitution, Article IX, 20(6) allows a city or town to permanently adjust its base limit with voter approval at a regularly scheduled general election or at a nonpartisan election held for the nomination or election of members of the governing board. The adjustment will be used to calculate the constitutional expenditure limitation beg