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ContributorsGrant, Michael, 1951- (Host) / DeConcini, Dennis (Panelist) / Kolbe, John W., 1940- (Panelist) / Public Broadcasting Service (Broadcaster)
Created1985-07-26
DescriptionPre-recorded Friday Edition. Panelists discuss international relations with South Africa, the local budget, and economic conditions. Panelists include Sen. Dennis DeConcini, D-Arizona; John Kolbe, Political Editor, Phoenix Gazette; Kevin Willey, Legislative Reporter, Arizona Republic; Howard Fischer, Phoenix Bureau Chief, Arizona Daily Star.
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ContributorsHoffman, Dennis L. (Author) / Rex, Tom R. (Author) / The Pride Publishing Company (Publisher)
Created2012-06
Description

The purpose of the stabilization fund is to reduce the fluctuations in general fund revenue caused by the economic cycle. These fluctuations result in large budget surpluses in some years and large deficits in other years. Without considering the structural deficit, the budget stabilization fund almost certainly will not have

The purpose of the stabilization fund is to reduce the fluctuations in general fund revenue caused by the economic cycle. These fluctuations result in large budget surpluses in some years and large deficits in other years. Without considering the structural deficit, the budget stabilization fund almost certainly will not have the funding necessary to offset the cyclical reduction in revenue that will occur during the next recession.