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ContributorsGrant, Michael, 1951- (Host) / Kimball, Camille (Reporter) / Kappy, Michael S. (Michael Steven), 1940- (Interviewee) / Majure, David (Reporter) / Finch, L. Boyd (Commentator) / Public Broadcasting Service (Broadcaster)
Created1991-05-07
DescriptionBudget Package - Jaime Gutierrez, Rep. John Wettaw (Kimball); Japan Package - Doug Wilson (Majure); Boyd Finch Commentary (Wong). Segments on budget battles at the State Capitol, Far Eastern business ties to Arizona, and Boyd Finch's guest commentary (Confederates in Arizona).
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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.