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Regents to unveil plan overhauling university funding system (access required)

Arizona is about to consider a funding concept for its three universities that has shown spotty results, but which is re-emerging as the system of choice for legislatures around the nation. The Arizona Board of Regents is set to unveil a detailed plan in early July that will serve as the foundation for legislation to transform the funding system from enrollment-based to performance-based.

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Budget gimmicks explained: 5 ways states hide deficits

Last week, California Gov. Jerry Brown vetoed a budget that he said was filled with gimmicks — or as he put it, “legally questionable maneuvers, costly borrowing and unrealistic savings.” Editorial boards have praised Brown for exercising responsible fiscal judgment. Meanwhile, Brian Joseph of the Orange County Register has written that Brown’s own budget plan uses gimmicks, too.

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