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Home / budget / Arizona revenues drop in May, thanks to large business refund (access required)

Arizona revenues drop in May, thanks to large business refund (access required)

After successive months of growth, state revenues fell in May, when collections fell $9.2 million below the budget forecast. But the culprit doesn’t appear to be a slowing in the economy.

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Ducey’s budget office, legislative leaders seek to block Prop 206 (access required)

In an amicus brief, Speaker-elect J.D. Mesnard, Senate President-elect Steve Yarbrough and Gov. Doug Ducey’s Office of Office of Strategic Planning & Budgeting told the Arizona Supreme Court that Proposition 206, will impose a “significant hardship” on the Legislature and Arizona’s taxpayers.