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Brewer boasts better-than-expected budget surplus (access required)

Brewer boasts better-than-expected budget surplus <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

Gov. Jan Brewer touted a year-ending budget surplus that’s about $200 million more than was expected, which the governor attributed to the improving economy and her “sound fiscal leadership.”

In a press statement on Monday, Brewer said the state had an estimated cash balance of about $895 million at the end of fiscal year 2013. The budget approved by lawmakers and Brewer in June estimated a surplus of about $694 million.

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Pension Pressure (access required)

Pension Pressure <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

Initiative takes aim at cities, hoping to force changes at the Legislature

A proposed pension reform initiative would put a straightjacket on city and county budgets until they fix a problem that they have little power to change.

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