Tuesday, November 24, 2009

P.L.A.N. Update - Fourth Special Session Wraps Up; Fifth in the Wings‏

Fourth Special Session Wraps Up; Fifth in the Wings

Governor Brewer called the Legislature into its Fourth Special Session on November 17 to deal with a portion of the current $2 billion shortfall in the state budget. After a few hiccups, the Legislature concluded its special session business and adjourned Sine Die on November 23. During the brief session, four bills were debated, adopted and transmitted to the Governor for her approval. Governor Brewer signed the bills on November 23.

The four bills are:

SB1001 general appropriations; 2009-2010
SB1002 K-12; budget reconciliation
SB1003 general revenues; 2009-2010
SB1004 anti-deficiency statutes; property; amendments

Among other things, the bills impose $300 million in permanent budget cuts in K-12 education and the Arizona Department of Economic Security, leaving about the State still about $1.7 billion short this year, but reducing the estimated FY 2011 shortfall to about $3 billion. The Joint Legislative Budget Committee summarized the Impacts of the 4th Special Session in this linked document. Click here for a summary of the final provisions of the Budget Reconciliation Bills.

With a significant shortfall remaining this fiscal year, many observers are talking about another special session before the end of the calendar year.

Best wishes for a safe and happy Thanksgiving holiday with friends and family.

Remember to SHOP PHOENIX and tell your legislators to protect city revenues!

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