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Tag Archives: budget cuts

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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.

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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.

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