Quantcast
Home / budget (page 65)

Deficit figure still a moving target (access required)

Lawmakers and budget officials have been estimating the deficit of the upcoming fiscal year at about $3 billion, even though the economy has continued a treacherous slide and state revenues have eroded at an alarming pace.

Read More »

Brewer signs FY09 budget bills (access required)

Gov. Jan Brewer on May 14 signed two bills to adjust the fiscal 2009 budget with a combination of federal stimulus money, delayed payments to K-12 schools and universities, and excess funds saved in recent years by school districts.

Read More »

Legislature fixes $650M deficit in fiscal 2009 (access required)

The Senate and the House approved a plan on May 13 that suspends a payment of $300 million to school districts until the next fiscal year and instead allows them to tap into their excess cash balances to cover ongoing expenses. The plan is part of a two-bill package aimed at solving a $650-million budget deficit in fiscal 2009.

Read More »

House panel advances latest budget fix, filling $650M gap (access required)

Lawmakers on a House panel generally agreed an emergency measure intended to repair the fiscal 2009 budget amounts to bad policy, but the bill still managed to gain approval along a party-line vote. One by one, legislators explained their objection to using accounting gimmicks and raiding funding in schools' bank accounts.

Read More »
Scroll To Top