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Special session No. 4 will target schools, DES funding (access required)

Republican legislative leaders have reached a deal with Gov. Jan Brewer to erase a portion of the estimated $2 billion budget deficit in a special session later this month, including about $300 million in spending cuts. The plan, if carried out, would eliminate a fraction of the overall deficit, and a $1.4 billion shortfall would remain.

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Registrar of Contractors among agencies looking for budget fix (access required)

When the Legislature meets in a special session later this month, one of the agencies whose budget problems they will attempt to fix is the Registrar of Contractors. Tyler Palmer, legislative liaison for the Registrar of Contractors, said the agency lost about $390,000 in funding for operating costs when Gov. Jan Brewer vetoed a budget bill in September.

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Brewer: Long-term solution to Arizona’s economic woes depends on jobs

While a temporary sales tax increase would help address Arizona's budget crisis, a long-term solution will depend on attracting firms that offer high-paying jobs, Gov. Jan Brewer told business leaders Nov. 4. "Our future pivots on our ability to create jobs, better jobs, permanent jobs and more of them," Brewer said at a Greater Phoenix Area Chamber of Commerce luncheon.

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Lottery renewal needed before state can borrow (access required)

The odds of winning the Arizona Lottery's big jackpot are about one in 175 million. The odds that lawmakers will sell off future lottery revenues for a quick cash infusion are exponentially better. As lawmakers ponder how to fix a fiscal 2011 budget deficit that is expected to top $2 billion, many are viewing lottery securitization as a last resort whose time has come.

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