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deficit

Dec 28, 2010

Arizona cities aim to protect state-shared revenue

A top priority of cities and towns during the upcoming session of the Arizona Legislature is protecting the tax revenue distributed back to them from the state.

Oct 29, 2010

Arizona’s debt has grown $4B since recession began

Most state lawmakers insist they had no other choice than to borrow billions of dollars to keep Arizona government running during the past few years. The reality, however, is that they had a couple of options – they just didn’t like them.

Oct 18, 2010

Budget crisis looms over Arizona governor’s race

With the state's budget crisis showing no signs of abating, voters on Nov. 2 will be electing a governor who could have a yearslong headache while trying to keep the state running and in the black amid a still unsteady economy.

Sep 30, 2010

Brewer: Budget can be balanced without tax hike

Gov. Jan Brewer said she believes the state can balance its budget next session without another tax hike, but she didn't rule out the possibility. "I am hoping that we do not," Brewer said at a Sept. 30 press conference on the steps of the Executive Tower.

Sep 6, 2010

Tax and budget recommendations for Arizona’s leaders

Most Arizonans know that the state faces dire fiscal problems. Yet, it is likely that few Arizonans have heard our state’s gubernatorial or legislative candidates talk about tax and budget policy solutions.

May 21, 2010

ATRA gives Legislature mixed review

The Arizona Legislature adjourned sine die on April 29, and the policy achievements of the 49th Legislature get a mixed review from a taxpayer’s perspective.

May 21, 2010

Five senators signing off after this year

Half of the Senate won’t be coming back to the 30-person chamber in 2011. A majority of them face term limits and therefore cannot seek re-election. But some have decided to retire, for now at least.

Apr 30, 2010

After May 18: What Arizona must do next

Regardless of what happens to the Proposition 100 sales tax hike on May 18, Gov. Jan Brewer and the Arizona Legislature have a lot of work ahead of them.

Apr 20, 2010

House panel to consider debt limit increase

An Arizona House committee is scheduled to consider a measure asking voters whether to increase the state's debt limit while requiring voter approval for debts backed by tax dollars.

Apr 12, 2010

‘Jobs bill’ rewritten without personal income tax cut

A bill intended to reduce business and personal taxes would change significantly if a Senate committee adopts a strike-everything amendment that was agreed upon by leaders of both chambers.

Jun 27, 2009

Budget detailed, vote expected

The budget deal Republican lawmakers struck with the governor on June 26 includes $630 million in cuts, a dramatic change to a flat income tax system and a provision that will let voters decide this fall if a temporary sales tax increase should be used to bridge future deficits.

May 15, 2009

Deficit figure still a moving target

Lawmakers and budget officials have been estimating the deficit of the upcoming fiscal year at about $3 billion, even though the economy has continued a treacherous slide and state revenues have eroded at an alarming pace.

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