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Home / Capitol Insiders / With cash flow problems, state may face budget cliff early next year (access required)

With cash flow problems, state may face budget cliff early next year (access required)

Arizona faces another budgetary cliff early next year, when the State Treasurer's Office might have to issue IOUs to pay bills if $735 million expected from the sale-leaseback of state assets does not materialize. Treasurer Dean Martin told a panel of lawmakers that the state needs to have the money by the end of January to be able to make payment to schools by Feb. 1.

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(Photo by Luige del Puerto/Arizona Capitol Times)

For the DeMennas, the business of government is a family affair (access required)

It’s common for children to follow in the footsteps of their parents, but in politics, that’s usually the case for elected officials, not lobbyists, and that’s one reason why the DeMennas occupy an unusual perch.