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Public Finance

Arizona’s Income Taxes: A Comparison With Other States and a Policy Discussion of Potential Tax Reforms

Examines Arizona’s individual and corporate income taxes, making comparisons to other states. Individual and corporate income tax rates have both been lowered several times in Arizona since the early 1990s, and various other modifications made to the income taxes—such as the creation of new tax…

Arizona Economic Growth States Tax Burden Tax Structure Public Finance
Public Finance

The Financing of Public Elementary and Secondary Education in Arizona

Looks at revenues and expenditures of K-12 education in Arizona over time, compared to other states. Only two states—Idaho and Utah—raised less revenue per student for K-12 education.

Arizona K-12 Finance Public Finance
Public Finance

A Summary of the October 2015 Special Legislative Session on Education Finance

Summarizes the provisions of the legislation and provides context for an analysis of the provisions. The legislative package will last 10 years, with additional funding for elementary and secondary education increasing from an estimated $299 million in fiscal year 2016 to $400 million in FY 2025…

Arizona K-12 Finance 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

Higher Education Funding in Arizona and Utah

Compares public support for universities and for all of higher education in Arizona and Utah. Public support in Arizona fell from higher than in Utah in the early 2000s to less in 2014.

Arizona Higher Education 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

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