Lower state revenue gain in new Arizona forecast
Published: April 12, 2012 at 5:03 pm
A calculation of how much the state will collect from taxes is a key ingredient in preparation of a new state budget.
Legislative budget analysts on Thursday lowered their predictions for state revenue growth in the next three years, while Brewer’s revenue projections remain higher than the legislative versions.
Some majority Republicans want to avoid spending increases and instead tuck away any extra money for use when the state faces increased Medicaid costs under the federal health care overhaul.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.