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Home / budget / Legislature fixes $650M deficit in fiscal 2009 (access required)

Legislature fixes $650M deficit in fiscal 2009 (access required)

The Senate and the House approved a plan on May 13 that suspends a payment of $300 million to school districts until the next fiscal year and instead allows them to tap into their excess cash balances to cover ongoing expenses. The plan is part of a two-bill package aimed at solving a $650-million budget deficit in fiscal 2009.

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Arizona charitable giving improves thanks to tax credit law change (access required)

Whether they’re conscious or not of Arizona’s reputation, legislators have over the years hunkered down to encourage charitable giving.