Strong revenue collections turned a $132 million shortfall into a $266 million cash balance at the end fiscal 2015, a preliminary analysis shows.Read More »
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Arizona ended the budget year with a $266 million surplus, a stark contrast from the $132 million deficit lawmakers had planned for.Read More »
2010 decision to mortgage state’s assets threatens cash reserves
Borrowing billions of dollars allowed Arizona to limp through the worst financial crisis in its history. But the decision to mortgage state assets that include the House and Senate buildings has an unwanted underside: It precludes the state from having significant cash reserves.
Gov. Jan Brewer has set as a top priority that the state expand Medicaid to become eligible for a nine-to-one federal match instead of the current two-to-one match.
Gov. Jan Brewer said the budget introduced today by Senate President Andy Biggs is fairly close to her own and that she has few problems with the proposal, except for one major exception – it doesn’t include the expansion of Arizona’s Medicaid program.Read More »
This week's most outstanding quips, gibes and utterances from Arizona's political scene.Read More »
Opponents of Gov. Jan Brewer’s Medicaid expansion plan proposed a state-only health care program for the remaining childless adults still covered by the Arizona Health Care Cost Containment System.Read More »
After receiving a briefing on the governor’s $8.9 billion budget proposal, Republican leaders said they want a final spending plan that hews to the conservative approach they have adopted during the past few years.Read More »
Here’s an early gift from Santa: Collections in Arizona grew by 8 percent last month compared to the year before.Read More »
States starting to turn the corner on their Great Recession budget woes are taking the cautious approach, socking away millions of dollars in rainy day funds rather than restoring spending for education, health care and social services.Read More »