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Budget hole: AZ lawmakers face tough decisions after school funding ruling
Arizona lawmakers will likely spend the 2015 legislative session grappling with where to find hundreds of millions of dollars more than they’ve budgeted for education over the next five years.
Fat stacks of cash
Thanks to a significant uptick in tax collections that began in the last half of FY11, JLBC is now estimating the surplus for FY12 will be $510 million, though it seems likely that number will rise in the coming months.
State revenue improves, but full recovery remains elusive
For a state that is starving for good news, the recently-concluded fiscal year has brought some relief as annual revenue grew for the first time since the recession, preliminary figures released on July 27 showed.
We’re in the money… comparatively speaking
Arizona's recovery is holding steady. JLBC reported that, for the ninth consecutive month, April posted year-over-year growth in revenue collections.
