The delicate balancing act involved in changing Arizona’s property tax structure will leave some homeowners paying higher property taxes.

When the property-tax cuts in the jobs bill go into effect, the financial safety net school districts use may get significantly thinner. And the property tax cuts will be especially problematic for districts that already have reached or exceeded their bonding limits.

The day-by-day, play-by-play account of how one of the most sweeping tax cut packages was passed.

The jobs bill, announced on Monday and debated fiercely since, has passed the Arizona House and the Senate, even as many legislators acknowledged its flaws.

Despite strong objections from Democrats and some Republicans, the Senate leadership Tuesday evening pushed ahead to debate the jobs bill, a maneuver that moves the business-tax-cutting legislation closer to passage.

Having cleared the debate, the bill now goes to the full Senate for a formal “aye” or “nay” vote, which is expected on Wednesday, Feb. 16.

Whether the measure has sufficient support to pass — it needs only 16 votes — is uncertain.

Arizona House Speaker Kirk Adams says Gov. Jan Brewer and top Republican legislative leaders are near agreement on a package of business tax cuts and other steps intended to boost economic development.

An Arizona Senate committee on Thursday is scheduled to consider an array of business tax cut bills.

A bill that aims to spur economic growth through tax cuts and incentives to companies appears to be in big trouble in the Senate.

An Arizona Senate committee split along party lines as it endorsed a Republican package of business tax cuts and tax breaks for creating new jobs.

A House bill that aims to spur economic growth through tax cuts and incentives for businesses would cost the state nearly a billion dollars when fully implemented in 2017, according to a report by legislative budget analysts.