While critics say the money should be used to help mortgage borrowers, a lawyer for the state said Wednesday that Arizona is entitled to use $50 million of its share of a multistate foreclosure settlement paid by lenders to help balance the state budget because it's compensation for revenue lost due to the housing market collapse.Read More »
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Gov. Jan Brewer on Monday signed into law a new state budget that reflects the state's improving finances.
The budget's spending totals just under $8.6 billion for the 2012-2013 fiscal year starting July 1.
A housing advocacy organization is planning to sue the state over a budget sweep of $50 million intended to help alleviate the effects of the foreclosure crisis.Read More »
The anemic fundraising for Sen. Steve Smith’s build-your-own-border-fence campaign is getting some help from a professional public relations firm.Read More »