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1.3 billion

Oct 7, 2014

Arizona faces $1 billion deficit by next fiscal year

Richard Stavneak, director of the Joint Budget Legislative Committee, said the $1 billion budget gap in fiscal 2016 assumes that this year’s shortfall will be solved with one-time solutions.

Sep 23, 2014

Schools: State can settle lawsuit now, or pay big later

School officials are warning lawmakers that if they don’t take a deal to settle the inflation adjustment lawsuit – and soon – taxpayers could be on the hook for another $1.3 billion.

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