Arizona Budget Deal Could Leave Time to Consider $1B of Bond Projects

Williamson, Richard
June 2003
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p42
Trade Publication
Arizona legislators expect to complete the procedure of a 6.4 billion dollar budget during mid-June 2003 after Senate Democrats agreed to only a 200 million dollar spending increase. Approval of the budget on June 9 or 10, 2003 could leave the legislature time to consider more than one billion dollars of bond-backed projects that are seen by some as vital to the state's economic recovery. State authorization of a 600 million dollar expansion of Civic Plaza convention center in Phoenix, Arizona would allow the city to begin issuing bonds already approved by voters.


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