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State revenues drop slightly in August (access required)

State revenue collections are slightly off in August, the state’s budget analysts reported today. The Joint Legislative Budget Committee said revenues dropped by $3.3 million compared to the same time last year. It’s only the second time since July last year that monthly revenues have declined.

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Arizona’s revenues increase (access required)

Arizona received another boost in state revenues in July, budget analysts reported today.

In its monthly report, the Joint Legislative Budget Committee said the state collected $749 million in July, a 6.1 percent growth compared to last year.

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Republican budget talks moving again (access required)

Gov. Jan Brewer and legislative leaders resumed talks on the budget Thursday, three days after the governor told them to stop sending her bills until they get the state’s spending plan completed.

The meeting seemed to reaffirm the two sides’ commitment to negotiate the state budget within the Republican Party. The meeting came as some GOP lawmakers considered the possibility of joining with Democrats to pass a veto-proof budget.

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Brewer budget plans for slow growth, cautious spending (access required)

Gov. Jan Brewer is treading carefully and offering a multiyear budget that plans that includes hundreds of millions in one-time expenditures, but gives the state a financial cushion for the coming fiscal cliff in 2014.

The Governor’s Office today unveiled budget plan for fiscal year 2013 and the remainder of 2012 that is projected to leave the state in the black by about $329 million when the Proposition 100 sales tax increase expires and federal health care mandates are expected to take a major toll on the state budget in fiscal year 2014.

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