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shortfall

Dec 12, 2016

Time limit strikes back: Cut in aid to needy families costs DES millions

The Department of Economic Security has a $9 million shortfall in its child support division caused by repeated limits to TANF, according to a budget request it sent to the Governor’s Office. Without the backfill of funds, DES says its services, like finding child support scofflaws, could be hobbled.

Jul 24, 2015

Revenue boost means state won’t have to dip into rainy day fund

Strong revenue collections turned a $132 million shortfall into a $266 million cash balance at the end fiscal 2015, a preliminary analysis shows.

Jul 21, 2014

Return of the deficit: a budget nightmare on Washington Street

If Freddy Krueger were visiting Arizona’s treasury instead of terrorizing teenagers’ dreams, he would be clawing, burning and plunging it into another nightmare of billion-dollar proportions.

Jul 28, 2011

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.

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