The school spending cap known as the Aggregate Expenditure Limit (AEL) is once again threatening the new investments the legislature and governor made to K-12 education. Arizona’s school districts will be forced to cut…
Less than 0.2% of Arizona Hold Nearly $500 Billion in Wealth According to a new report by our partner Institute on Taxation and Economic Policy (ITEP) a small fraction of Arizonan families holds more than $500 billion in…
Arizona’s public school districts will be required to cut their budgets by $1.3 billion if the legislature does not act by March 1, 2023 to lift the state constitution’s school spending limitation. If that sounds familiar,…
Last week, the Arizona Legislature passed a budget and concluded a long and unpredictable 2022 session. This year, politicians at the State Capitol had a historic opportunity to use a massive surplus of resources to make…
With only eight days left before the deadline (and a state government shutdown), the Arizona Legislature has begun serious negotiations on a state budget proposal revealed this past Monday. As the AZCenter has previously…
As Arizona’s economy continues its rapid recovery and expansion—in large part thanks to federal relief legislation that kept families afloat and businesses open—Arizona’s state revenues have skyrocketed, resulting…
Last year, the legislature passed huge tax cuts whose benefits will only be seen by the richest Arizonans. Right now, Arizona’s finances are healthy with an expected $5 billion surplus. But this sunny forecast is in danger….
This session, the Arizona state legislature aims to pass legislation that would reintroduce tax credit incentives for the motion picture industry. Senate Bill 1708 would establish the Arizona Motion Picture Production Program…
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