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lease-back

Jan 24, 2012

Pierce isn’t so keen about buying back state buildings

While he likes parts of the governor’s spending plan, Senate President Steve Pierce isn’t completely convinced that the state can afford to buy back the buildings it mortgaged during the fiscal crisis two years ago.

Jan 12, 2012

Democrat faults Brewer’s repurchase proposal

A Democrat legislator says Republican Gov. Jan Brewer's proposal to repurchase three high-profile state buildings that the state sold to help close budget shortfalls is misguided.

Jan 12, 2012

Brewer says repurchasing buildings saves millions

Gov. Jan Brewer's office says the state can avoid paying millions of dollars of interest costs through early repurchases of three high-profile state buildings sold to help close budget shortfalls.

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.

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