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CBS 5 obtained some new information about how much money the Maricopa County Board of Supervisors said Maricopa County Sheriff Joe Arpaio may have misused.

Arpaio's attorneys said the board has a vendetta against the sheriff, but if the information in the court documents is true, $50 million could have been misused.

CBS 5 obtained court papers that showed the state Superior Court why the supervisors believe they had to issue a subpoena on Arpaio.

According to the papers, the supervisor's chief financial officer, Loretta Barkell, provided information showing almost $500,000 in taxpayer funds of misspending in just a two-week period.

The Maricopa County Board of Supervisors wants an explanation from Sheriff Joe Arpaio about why he did not turn over financial documents the board requested through a subpoena.

Read: Subpoena (.pdf)

Read: Arpaio Response

In late April, the board issued an administrative subpoena to the Maricopa County Sheriff's Office requesting financial records for their RICO, Jail Enhancement Funds and other bank account information.

Officials said the subpoena was issued after Arpaio did not produce the requested information. The board could decide to open up contempt hearings against the sheriff and MCSO.

Sheriff Joe Arpaio says he has decided not to run for Arizona governor.

"Right now, we are standing in the cross-hairs of history in this state and as sheriff of the most populous county in Arizona, there is much work yet to do," he said in a statement.

To leave this office open to appointment by the Maricopa County Board of Supervisors of an interim sheriff may very well put us on a path that would be extremely displeasing to the voters of this county," he said.

Civil rights activists are calling on President Barack Obama to fight a tough new Arizona law targeting illegal immigrants that Gov. Jan Brewer signed on Friday. Sheriff Joe Arpaio said, "What's going to happen now is you'll see the president and Congress finally take some action. If it took this for them to be alert and take some action, then it's worthwhile, isn't it?"

Sheriff Joe Arpaio will be sending his deputies and posse members out for their 15th crime sweep at some point next week. Though Arpaio has not said exactly where the crime sweep will take place, he said it will take place in a high-crime area.

On Tuesday, a blog for the Phoenix New Times pointed readers toward a video of an appearance by Arpaio, Supervisor Mary Rose Wilcox and Ariz. Sen. Russell Pearce on Geraldo Rivera's show in late March:

A Maricopa County judge recently dismissed a lawsuit Sheriff Joe Arpaio filed against the Board of Supervisors related to the jails' health care system:

Arpaio sued the county Board of Supervisors and county administrators last year, saying they mismanaged the agency. County Superior Court Judge Robert Oberbillig granted the county's motion to dismiss Monday. Arpaio said he plans to appeal the decision and take the fight to federal court.

According to the Phoenix New Times, the judge's move may have saved the county more than $100,000:

Oberbillig's ruling, which he announced to the parties involved after oral arguments this afternoon, was a "judgment on the pleadings" -- meaning the judge was able to toss out the suit without any information other than the sheriff's complaint and the county's response.

Which, of course, means less cost to us taxpayers. Yay!

That doesn't mean it wasn't a huge waste of money. The judge's quick decision, says Wade Swanson, the county's general counsel, means that legal fees will run to "tens of thousands of dollars instead of hundreds of thousands of dollars." But hey... considering what this stuff usually costs, we'll take it.