With a fiscal crisis that forced billions of dollars in state government cuts mainly over, the Arizona Legislature enters its 2013 session Monday with a budget surplus but little appetite among majority Republicans to loosen the purse strings. The state has socked away about $450 million in a rainy day fund and has more than $1 billion in total surplus going into the budget year that begins July 1.Read More »
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Booming sales on Cyber Monday might have meant savings for consumers, but they could also have meant lost revenue for the state of Arizona, a new report said.Read More »
Total state revenues grew by a modest 2.6 percent in October when compared to the year before, but just as economists have cautioned, the road to full recovery is a long, steep climb.Read More »
After sliding slightly in August, state revenues picked up in September, the Legislature’s budget research arm reported this month.Read More »
The State Agency Fee Commission met Sept. 26 for its first review of how recent budget cuts and sweeps have affected state agencies.Read More »
Even in good economic times, school districts struggle to meet their financial obligations, leading a few to slip into receivership while others are victimized by various methods of fraud. But in an era of cutbacks in state spending and tight budgets, vigilance on where the dollars are going takes on even greater importance for schools, whose primary role is providing kids with a quality education.Read More »
A year ago, Republicans boasted that they made the tough decisions on state spending needed to close a massive budget deficit. The decision to freeze enrollment in state-funded health care for the poor was held up most often by Republicans as a shining example of how they addressed the festering fiscal imbalance.
But one incentive might persuade Arizona’s policymakers to let the uninsured back into the Medicaid fold: cash — lots of it.
The most remarkable thing about Republican leaders’ decision to explore a budget compromise with the minority party this year is that it happened at all — much less that the two sides came within a hair’s breadth of striking what would have been a rare bargain.Read More »
Advocates for more funding for social programs today panned Republicans for their priorities in the recently-enacted state budget.Read More »
An attorney representing a housing organization took its first step in suing the state over a sweep of $50 million meant to assist distressed homeowners.Read More »