Economic development leaders and public officials throughout the country are tending to the effects of a sour economy and huge state budget deficits when they would rather be creating quality jobs and new economy assets. According to the most prominent thinking on today’s knowledge economy, locally developed and exported technology will be the primary economic differentiator between future winners and losers. Thus, with long-term fiscal and economic health at stake, the 50-state race is on for advantages and leadership in science and technology. This report sheds light on these issues through an overview of Arizona’s standing in science and technology today, short case studies of four competitors in the west, as well as Arizona, and ideas for Arizona’s leaders to consider as they strive to give our state an edge.

Co-chairman Bill Post and other members of the Citizens’ Finance Review Commission have identified Arizona’s management of its federal funds as an issue for consideration. To assist the Commission with its deliberations, the co-chairman asked Arizona State University to develop a very brief “think piece” on this matter. As requested, this document intentionally provides only the most basic information on this complex subject. Its primary purpose is to frame the issue for discussion by the Commission and to list alternative ways the state could better manage its substantial grant activity with the federal government each year.

COVID-19 has disrupted almost every facet of American life, but the pandemic’s economic impact has been especially challenging for some of Arizona’s renters. Prior to COVID-19, approximately one in seven Arizonans lived in poverty, which is defined as earning less than $13,000 a year for a single adult and less than $22,000 a year for a three-person family. More Arizonans are one crisis away from severe financial hardship and potential eviction than just Arizonans living in poverty. Preventing an eviction “avalanche” after Arizona’s eviction moratorium ends is critical to the state’s finances because the costs, shouldered in part by taxpayers, associated with eviction and homelessness can be staggering. While financial support from unemployment insurance programs, the federal CARES Act, and Arizona’s eviction prevention fund are helping some Arizonans navigate the initial economic fallout from COVID-19, there are still thousands of Arizonans on the brink who have applied for rental assistance and not received support.