Three finance experts appointed to retirement board
Three experts on state finance and economy have been appointed to the Arizona State Retirement System Board, a nine-member body that prescribes investment goals and policies for the state’s retirement system.
83 bills signed so far, three vetoed
Gov. Jan Brewer on April 16 signed 25 bills, including legislation allowing most Arizonans to carry concealed weapons without permits, and a bill creating a one-year pilot program for the Department of Public Safety to use motion-detecting seismic sensors in rural areas where illegal immigration and cross-border drug trafficking are prevalent.
Senate panel advances ‘jobs’ bill, but fate is uncertain
A bill that aims to spur job growth through tax cuts to businesses and tax credits for companies that create new high-wage jobs has cleared one hurdle in the Senate, but its ultimate fate is still uncertain.
‘Jobs bill’ – An economy booster?
Experts say some parts of H2250 will help, but other aspects are meaningless.
‘Jobs bill’ rewritten without personal income tax cut
A proposal from the House to reduce corporate and individual incomes taxes and provide incentives for businesses in an effort to spur economic growth has been scheduled for a hearing in the Senate Finance Committee on April 7.
Report ranks Arizona ninth nationally in state, local reliance on sales taxes
Arizona ranks ninth nationally in its reliance on sales taxes to fund its state and local governments, according to a report by a nonpartisan tax research organization. The Washington, D.C.-based Tax Foundation found that 48.4 percent of Arizona's tax base came from general sales taxes and from selective sales taxes on motor fuel, tobacco, insurance premiums, public utilities, amusements and al[...]
Records show errors on county property-tax bills
Thousands of property owners in the Phoenix-area may have paid more or less than what they owe in Maricopa County property taxes. The city of Phoenix is going over records of the city's 500,000 parcels "and we would be surprised not to find errors," said Mark Cernetic, deputy budget director.