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Fiscal crisis past, Legislature still to be frugal in 2013

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.

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Distressed Districts: Two laws help schools deal with aftermath of financial mismanagement (access required)

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.

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