Proposition 302 on Arizona's general election ballot is about priorities. Passage of the referendum means tobacco tax dollars now allocated to an array of early childhood services under a 2006 voter-approved initiative would instead go into the general fund for the Legislature to appropriate.Read More »
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Arizona is recovering from the recession slowly and painfully, a view generally expressed by economists, but state lawmakers have yet to see any signs of improvement in sales and income tax revenues.
The state has enough cash to pay its bills for the rest of the year, State Treasurer Dean Martin announced. Martin's office said July 13 that a cash-management plan the state is adopting would diminish, if not totally eliminate, the need to borrow money for day-to-day operations.Read More »
Arizona voters on Tuesday were to decide the fate of a proposed temporary sales tax increase, with possible budget cuts for schools and other programs at stake if the measure fails.Read More »