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Arizona’s revenues increase (access required)

Arizona received another boost in state revenues in July, budget analysts reported today.

In its monthly report, the Joint Legislative Budget Committee said the state collected $749 million in July, a 6.1 percent growth compared to last year.

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Ariz. mortgage settlement money on hold for now

The state won't immediately implement a budget provision to spend $50 million from Arizona's share of a foreclosure settlement while the provision is being challenged in court. The provision requires the money be transferred to the state general fund to help balance the budget for the fiscal year that begins July 1.

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