In "Roadmap to Arizona's Economic Recovery," a general fund revenue forecast is presented which includes proposed changes to the revenue system. If the proposed changes are backed out of these figures, the baseline forecast can be obtained. This addendum provides detail on the Roadmap's revenue projection. the three key points are: 1) Arizona's economy is highly cyclical, growing much faster than the nation during economic expansions; 2) Revenues everywhere, but especially in Arizona, given its revenue structure, are much more cyclical than the overall economy; 3) the revenue forecast in the Roadmap is actually conservative. Revenues relative to the size ...
Summary -- Background -- Regional economics -- Public sector -- Scenario 1: inaction -- Job creation: nature and timing of economic recovery in Arizona -- Economic competitiveness -- State budget: an assessment of current and future conditions absent any action -- Scenario 2: positive action -- Recommendations for immediate action -- Recommendations for longer-term actions -- Year-by-year summary -- Conclusion Arizonans face the twin problems of recovering from a deep and long economic recession and dealing with significant fiscal imbalances in state and local governments. This report details a roadmap to address both the short-term and long-term economic and fiscal ...
Summary -- Historical review of tax law changes -- Taxes and economic growth
In a paper released by the Goldwater Institute on December 18, 2008, "A Fresh Start for Arizona: Proposals for Closing a Billion-Dollar Budget Gap," Byron Schlomach puts forth recommendations for closing the deficit in the state government general fund. The following notes are an attempt to illustrate the consequences of the spending reductions recommended by Dr. Schlomach, along with some considerations about the philosophy apparently embodied in the recommendations
Summary -- Constitutional and statutory mandate -- Background and context -- Re-examining the interpretation of "as nearly free as possible" -- Conclusion
The initial $1.4 billion construction investment results in an immediate addition of $828 million to GSP and $700 million in labor income after controlling for resource and material acquisition from out-of-state sources. The in-state activity induces additional GSP generation of $1.1 billion and $711 million in labor income as the direct effects ripple through the Arizona economy
Summary -- Introduction -- Overall tax burden -- Individual tax burden -- Business tax burden -- References
Summary -- Introduction -- Colorado's TABOR provisions -- Comparison of TABOR to other TELs -- Fiscal impacts -- Referendum C -- A TABOR-like limitation in Arizona -- Proposals -- Problems created by a TABOR-like approach -- Revenue implications of a TABOR-like rule -- Fiscal alternatives for Arizona -- Evaluation of governor's proposal -- Recommendations -- References
Summary -- Description of data -- Findings -- Appendix This paper examines Arizona State University (ASU) graduates employed in Arizona. Approximately 207,000 ASU graduates were working in Arizona in 2012. The aggregate earnings of the ASU graduates were around $11.4 billion. These individuals contributed about $819 million in state taxes
The State And Local Arizona Documents (SALAD) collection contains documents published by the State of Arizona, its Counties, incorporated Cities or Towns, or affiliated Councils of Government; documents produced under the auspices of a state or local agency, board, commission or department, including reports made to these units; and Salt River Project, a licensed municipality. ASU is a primary collector of state publications and makes a concerted effort to acquire and catalog most materials published by state and local governmental agencies.
The ASU Digital Repository provides access to digital SALAD publications, however the ASU Libraries’ non-digitized Arizona documents can be searched through the ASU Libraries Catalog and Library One Search. For additional assistance, Ask A Government Documents Librarian.
Publications issued by the Morrison Institute for Public Programs at Arizona State University are available in the ASU Digital Repository Morrison Institute for Public Policy - Publications Archive collection.