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Productivity and Prosperity

Declines Relative to the Nation in Arizona’s Government Finance, Educational Attainment, and Economic Performance

Analyzes Arizona’s decline in government finance, educational attainment, and economic performance relative to the nation. Since the late 1960s relative to the U.S. average, decreases have occurred in Arizona in the share of the state’s personal income spent by state government, in educational…

Arizona Economic Growth Economic Performance Educational Achievement Educational Attainment General Fund Higher Education Finance K-12 Finance Productivity and Prosperity
Public Finance

Options for Raising State Government Revenue in Arizona

Examines a number of possible sources of additional state government revenue. Public revenue and spending in Arizona in recent years has been substantially below both the national average and the state’s historical norm.

Arizona General Fund Tax Burden Tax Structure Public Finance
Public Finance

Government Revenues and Expenditures in Arizona

Examines Arizona state government finance over time and compares Arizona state and local government finance to other states. Government spending in Arizona per $1,000 of personal income has dropped since fiscal year 1992 regardless of whether spending is measured by the state government general…

Arizona General Fund Higher Education Finance K-12 Finance Public Finance
Public Finance

Ensuring That Arizona State Government's Budget Stabilization Fund Serves Its Purpose

Simulates the functioning of the budget stabilization fund under differing specifications and presents recommendations to improve the operation of the fund. In each of the two recessions since the creation of the budget stabilization fund, the balance in the fund has been insufficient to meet…

Arizona Budget Stabilization Fund General Fund Public Finance
Public Finance

Creating Jobs in Arizona by Building and Renovating Physical Infrastructure

Evaluates actions that can be taken by state governments to stimulate the economy. The only action that results in a significant near-term effect is to accelerate spending on physical infrastructure that has already been identified as needed.

Arizona Economic Impact General Fund Infrastructure Investment Public Finance
Public Finance

Capital Gains in Arizona and the Effect on State Government General Fund Revenues

Reviews the cyclicality of capital gains and the impact of these fluctuations on general fund revenues. Capital gains are highly cyclical, but during periods of high capital gains, the increase in general fund revenue has not been perceived to be transitory; instead, permanent tax reductions and…

Arizona Capital Gains General Fund Public Finance
Public Finance

Tax and Expenditure Limitation Proposals in Arizona

Assesses several proposals to create a new state government revenue or expenditure limit in Arizona, and compares the proposals to Colorado’s limit. Arizona already has a limit, adopted in the late 1970s, that constrains state government appropriations to a percentage of the state’s personal…

Arizona General Fund Tax & Expenditure Limitations Public Finance
Public Finance

Addendum: Revenue Forecast Details

Discusses the baseline revenue forecast used in Roadmap to Arizona’s Economic Recovery: A Package to Create Jobs, Improve the State’s Economic Competitiveness, and Balance the Budget.

Arizona General Fund Public Finance
Public Finance

Roadmap to Arizona's Economic Recovery: A Package to Create Jobs, Improve the State's Economic Competitiveness, and Balance the Budget

Presents a plan to balance the state government's budget in the near term and longer term, to create jobs in the near term, and to improve the state's economic competitiveness in the longer term. Arizonans face the twin problems of recovering from a deep and long economic recession and dealing…

Arizona Economic Competitiveness General Fund Regional Economics Tax Structure Public Finance

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