Arizona Lawmakers OK $6.4B Budget; Bonds Still on Back Burner

Williamson, Richard
June 2003
Bond Buyer;6/13/2003, Vol. 344 Issue 31656, p39
Trade Publication
Overcoming dissension in their own ranks, Arizona Republicans barely mustered the votes needed to pass a 6.4 billion dollar budget that covers a one billion dollar revenue shortfall but spends about 200 million dollars more than they wanted. Needing votes from minority Democrats after two Republican senators refused to support cuts in adult education, social services, and health care, party leaders were forced to negotiate a deal that would win approval in both houses of the Legislature. Bills awaiting votes included a 600 million dollar expansion of the Phoenix Civic Plaza convention center and 440 million dollars for research facilities at the state's three major universities.


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