The Legislature's top budget analyst says Arizona faces an estimated $1.1 billion budget shortfall in the coming year because of the massive economic hit triggered by the coronavirus outbreak.
The Legislature's top budget analyst says Arizona faces an estimated $1.1 billion budget shortfall in the coming year because of the massive economic hit triggered by the coronavirus outbreak.
ONE-POINT-ONE BILLION BUDGETSHORTFALL IN THE COMING YEAR.IT COULD BE EVEN MORE -- ORLESS -- DEPENDING ON HOWQUICKLY THE STATE AND COUNTRYRECOVERS FROM ECONOMICSLOWDOWNS CAUSED BY COVID-19.THE LOSS -- COULD EQUAL ABOUT10-PERCENT OF THE STATE'STOTAL GENERAL FUND SPENDINGFOR A YEAR.CUYLER DIGGS JOINS US NOW --