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GOOD NEWS ABOUT ARIZONA’S FY 2015 BUDGET

Posted By Administration, Monday, July 27, 2015

Preliminary numbers from Arizona’s Joint Legislative Budget Committee (JLBC) suggest some good news. Revenues were 5.4% above last year and are $322 million above forecast. Spending was lower than expected. The Legislature budgeted for 2016 based on an expected revenue shortfall of $132 million. Result: An unexpected balance of $266 million for FY 2015. There may be money to spend at the legislature next year.  See the full report here

 

 

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