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Budget gap grows as result of ‘unrealized savings’ (access required)

By Jim Small

Published: October 26, 2009 at 1:21 pm

Legislative budget analysts said last week that $165 million of the state budget deficit is due to “potential unrealized budget savings” that were assumed as part of the spending plan, which was designed to bridge a $3 billion shortfall. In short, several savings measures won’t work as planned. One such component of the budget is $50 million …

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ARIZONA LEGISLATIVE REPORT