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Limited growth and increased spending needs pose tough choices for Hobbs
Democratic Gov. Katie Hobbs won’t have much room for new spending on education, water or just about anything else in the remaining two years of her initial term as Arizona’s […]
Fiscal responsibility guiding AZ through tough times
We must continue to remain vigilant and fiscally responsible. Arizona is obviously doing something right to be in this great position.
Plans for plentiful spending turn to ‘skinny budget’ nearly overnight
The Second Regular Session of the 54th Legislature is a tale of riches to rags. What began six months ago with optimism – about a strong economy, the possibility for […]
JLBC: State has an abundance of cash
State government is likely to have lots of extra money to spend in future years – if the national economy doesn't collapse.
Sen. Bob Worsley, philanthropist David Lincoln among 2018 Arizona Capitol Times Leaders of the Year
Sen. Bob Worsley, a Republican from Mesa, is the Arizona Capitol Times’ Leaders of the Year winner in government. Other winners include Gregory Harris of Lewis Roca Rothgerber Christie for law, Richard Stavneak, director of the Joint Legislative Budget Committee, for unsung hero, and NAU President Rita Cheng.
Ducey, Legislature scrape together revenues for $10.4 billion budget proposal
State lawmakers are moving to adopt a $10.4 billion spending plan for the coming fiscal year, balancing the books -- and finding the dollars for a teacher pay hike plan -- at least in part by passing along expenses to some local taxpayers.
Arizona Legislature’s budget analysts predict 2018 shortfall
The Arizona Legislature's budget analysts predicted a budget shortfall that could top $100 million in the current and coming year as the impact of corporate tax cuts continues to overwhelm increases in sales, insurance premium and personal income tax collections.
JLBC chief cautions lawmakers on governor’s spending plans
Legislative budget analysts pumped the brakes on Gov. Doug Ducey’s spending proposals this week, cautioning lawmakers that the governor’s projection of available revenues is far rosier than their own.
Arizona faces $1 billion deficit by next fiscal year
Richard Stavneak, director of the Joint Budget Legislative Committee, said the $1 billion budget gap in fiscal 2016 assumes that this year’s shortfall will be solved with one-time solutions.
JLBC: New sales tax reform plan will increase revenue
The newest incarnation of Gov. Jan Brewer’s sales tax reform plan will be a net positive to the state’s general fund that could bring in nearly $37 million in new revenue next year, according to the Joint Legislative Budget Committee.
