Public Finance

The Arizona Republic
Russ Wiles
http://www.azcentral.com/story/money/business/economy/2016/02/06/arizon…

Arizona governments and other public entities continued to reduce their indebtedness last year. Borrowing has slowed considerably since the boom years prior to the recession.

Like consumers wary about bloated credit-card balances, government entities throughout Arizona have been reluctant to take on more new debt.
CBS 5
Breann Bierman
A House committee has approved a bill that would make some tax credits claimed by corporations public information.

House Bill 2586 would require the state Department of Revenue to submit an annual report detailing the names of companies who get corporate credits of $5,000 or more and to make that report public.

Republican bill sponsor Darin Mitchell of Litchfield Park says the bill would create transparency and allow policy makers to examine whether such tax credits are effective for economic development.
Willcox Range News
Arizona State Statutes have long required city and county budgets to be posted as legal notices in newspapers of general circulation. State Legislators have added requirements over the years to increase the public’s access to city finances.
The Arizona Republic
Robert Robb
A new property-tax-supported hospital district in Maricopa County, as would be established by Proposition 414, is unnecessary and unwise.


Moreover, the political shenanigans engaged in by Maricopa County officials with the ballot pamphlet and even the ballot question itself deserve a sharp rebuke from voters.

The county used to be the primary health provider to low-income residents. But that responsibility shifted to the state in the 1980s, with Arizona's managed-care alternative to Medicaid, the Arizona Health Care Cost Containment System.
Tucson Citizen
Sharon B. Megdal
Bob Robb, in his column on the Fiscal 2000 Committee, quotes numbers in a way that serves a certain purpose. Not only does he tell just part of the story, but his analysis is too simplistic.


In 1989, I chaired the State Select Committee on State Revenues and Expenditures, better known as the Fiscal 2000 Committee. The 15-person committee, made up of elected officials and several representatives of the private sector, studied Arizona's fiscal structure carefully.
The Government Performance Project
From Governing, City & State
A graph charting population growth in Arizona bears an uncanny resemblance to the state’s highest mountain, Humphrey’s Peak — except that the graph climbs even more sharply. Just 10 years ago, Arizona had 3.6 million residents. In 2000, its population was up to 5.1 million. In times as good as the late 1990s, when every new citizen was seen as a source of new revenue — in the form of additional sales, income and property taxes — it was assumed that more people were a blessing.
Vice President, Government Affairs, Pinnacle West Capitol Corporation
Martin L. Schultz, BA & MA Education ASU
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