Filtering by
- All Subjects: Bush, George, 1924-2018
- All Subjects: Economic development
- All Subjects: Education and state
- All Subjects: Tax revenue estimating
- Creators: Rex, Tom R.
An examination of public funding for elementary and secondary education and higher education in Arizona from historical and interstate perspectives, in light of the funding mandate expressed in the Arizona Constitution. An evaluation of public education in Arizona is included.
For decades, Arizona was one of the national leaders in aggregate economic growth, as measured by the percent change in measures such as gross product and employment. However, its growth rate always has been highly cyclical. During expansionary periods, Arizona always has been among the top states on the rate of growth. During recessions, the Arizona economy generally slumped at a rate similar to the national average, but would experience a rapid recovery. This pattern continued through the economic expansion of the mid-2000s.
Numerous tax cuts over the last 15 years have substantially reduced revenue to the Arizona state general fund and greatly narrowed the tax base.
