|November 18, 2015
According to the Institute on Taxation and Economic Policy (ITEP), the poorest Arizona households pay $12.50 in state and local taxes for every $100 in income, compared to just $4.60 of for the state’s richest residents. Arizona is considered one of the “Terrible 10” meaning exactly what it says: those who make the least amount of money pay the biggest share of their income in total state and local taxes, while the wealthiest pay the smallest chunk. Read more
Budget and Taxes
|October 8, 2015
Return on Investment (ROI) is a simple concept, meaning: What are we getting for the money we’re spending? Last year, the quasi-public state agency, Arizona Commerce Authority, was given more than $30 million in taxpayer dollars to create and retain high quality jobs. This year they’re requesting a little less, but still substantial, $26.8 million. Read more
|October 2, 2015
The Department of Child Safety (DCS) recently submitted its funding request for fiscal year 2017, asking for a 21% increase of $105.9 million in appropriated funds (including the state general fund, federal TANF block grant and federal child care funds). DCS requests that $65.5 million of this increase begins during the current fiscal year with a supplemental appropriation to address system deficits. Read more
|September 28, 2015
We launched our Return on Education policy briefs in August, looking at specific K-12 education funding streams and exploring what long term strategies are needed to boost our education system. This month, we explain Proposition 301, approved by Arizona voters 15 years ago, with a state sales tax dedicated to education plus mandated cost of living increases for school budgets. Read more
|August 27, 2015
Questions and options about financing K-12 public schools take center stage for Arizona families and employers as the lawsuit over inflation funding continues, the Superintendent of Public Instruction and the State Board of Education tangle over helping schools achieve third grade reading goals, and students across the state begin this new school year with crowded classrooms, teacher shortages, and outdated textbooks and technology. Read more
|August 20, 2015
Despite assertions that Arizona is spending more on K-12 education than ever, budget numbers released by the Joint Legislative Budget Committee (JLBC) this week don’t bear that out. When adjusted for inflation, the data shows less is being spent per student now than nine years ago. The current amount from federal, state and local dollars is $7,711, compared with $9,438 in FY 2007. Read more
|August 12, 2015
Click here for a list of fact sheets on fiscal policy issues specific to Arizona.
UPDATED – Questions and Answers About Arizona’s State Budget and Taxes What Every Legislator – and Taxpayer – Wants to Know
|July 31, 2015
Here is our popular Questions and Answers About Arizona’s State Budget and Taxes What Every Legislator – and Taxpayer – Wants to Know, updated with the most recent information as of July 2015. Read more
|July 23, 2015
The legislative budget office reports good news about the state’s fiscal condition. Revenues for fiscal year 2015 that just ended June 30 were approximately $320 million higher than projected!
|July 9, 2015
Private schools are celebrating. This week Arizona corporations broke a record for the time it took to make maximum donations for private school tuition tax credits.