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Increased state revenue is money already spent
Well, that didn’t take long. The state hadn’t even closed its books on the outgoing fiscal year, and already there were some in the Legislature clamoring for us to spend money we don’t have.
Budget analysts: Arizona might be back in black by end of fiscal year
Legislative budget analysts say preliminary revenue reports for May show the state could wipe out the bulk of its red ink in the current fiscal year.
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.
Pearce: No spending increase even if state gets extra cash
Pointing out that Arizona faces a revenue cliff when a temporary sales tax increase expires in two years, Senate President Russell Pearce said any extra money the state collects won’t be used to restore cuts or be spent on new programs.
Arizona revenue figures show gains from last year
Legislative budget analysts see good news in a preliminary figures from Arizona's April tax collections.
Arizona sees rise in revenues from tribal casinos
Arizona has seen its revenue from tribal casinos rise for the third straight quarter.
Financial advisory group projects smaller revenue growth in FY12
A legislative economic panel, whose recommendations legislators typically use in forecasting how much cash the state will get, has downgraded its revenue forecast for next year.
Balancing the budget on the backs of pot-smokers
The budget impasse between Brewer and leadership was largely broken when the Ninth Floor got lawmakers to revise their revenue projections upward, a revision that included a projected $10 million in sales tax revenue from medical marijuana.
University presidents questioned on spending
State budget writers want to know why universities can't handle budget cuts now that they are taking in more money than they were three years ago.
Arizona state government revenue up in December
Legislative budget analysts say December provided a measure of good news for the state government's revenue situation, but they say it doesn't necessarily indicate a sustained economic recovery.
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.
Lawmakers: public expectations also a challenge
Legislators say public expectations are one of the challenges they face as states' budget troubles continue.
