Description
Arizona is emerging from one of the worst state budget crises in the nation. Entering 2003, its projected deficit, measured as a percentage of the general fund, was the fifth largest in the country.1 The state had slashed spending in 2002 in the face of a $900 million deficit, but still faced a $400 million shortfall for fiscal year 2003 and an estimated $1 billion deficit in fiscal 2004. Although improved revenues have reduced the anticipated gap, fundamental underlying problems remain concerning the ability of lawmakers to control the budget. Some observers consider this a revenue problem, others a spending problem. Our concern in this paper is whether state lawmakers have enough control over either revenue or spending.
Details
Title
- Restrictions, Mandates, and the Arizona Budget
Contributors
- Berman, David R. (Author)
- Morrison Institute for Public Policy (Publisher)
Date Created
The date the item was original created (prior to any relationship with the ASU Digital Repositories.)
2004-04
Subjects
Resource Type
Collections this item is in
Identifier
- Identifier ValueASU 12.2:R 37
Note
- Includes bibliographical references (p. 16)
- Copyright by the Arizona Board of Regents for and on behalf of Arizona State University and its Morrison Institute for Public Policy