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Judge expected to reject $20M fund sweep (access required)

A Maricopa County Superior Court judge is prepared to rule in favor of a special fund that was swept in 2009 to balance the state budget, but he is not likely to order the Legislature to return the nearly $20 million it took.

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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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Debt reduction is next fiscal hurdle (access required)

After policymakers borrowed heavily to keep government afloat amid a festering fiscal crisis that blew holes in the state’s budget for four years, a former Senate president tried to put into place a mechanism to rein in politicians’ appetite for debt-financing.

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Michael Crow explains budget approach

Arizona State University president Michael Crow says the school will cope with the latest $90 million reduction in state funding by increasing tuition, attracting more students and cutting costs in various places.

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