What percentage of all monies collected by the board is allocated to the state general fund?

In Arizona, the allocation of funds collected by certain boards, which oversee various professional and vocational licensing, is specifically defined by law. According to the statutes, 10% of all monies collected by the board responsible for regulating specific professions is allocated to the state general fund. This means that when the board collects fees and other revenue, it must remit a portion of that total—10%—to the general fund, which is used for various state expenditures.

The establishment of this specific percentage is part of a broader goal to ensure that the board maintains its operations while also contributing to the funding of state services. This allocation process helps to balance the needs of professional regulation with the fiscal responsibilities of the state government.

Other percentages mentioned in the choices are not established by Arizona law concerning board collections. Each option represents a different potential allocation, but only the 10% figure aligns with the statutory requirement, reinforcing the accuracy of selecting this option.