PHOENIX - Governor Doug Ducey today praised the passage of Arizona's Balanced Budget - a fiscally-responsible, bipartisan budget that sets priorities, makes real permanent decisions and solves the state's structural deficit while protecting essential services for vulnerable populations.
The first structurally-balanced plan since 2007, the budget reflects the governor's and Legislature's commitment to protecting classrooms, child safety and public safety - while eliminating the state's structural deficit by 2017 and protecting taxpayers from a tax increase.
"The people elected us to get the job done and that's what we've done," said Governor Ducey. "We've passed a balanced, bipartisan budget that prioritizes wisely, protects our most vulnerable and restores Arizona to a structurally-balanced budget by fiscal 2017. If we want to see meaningful and lasting improvement in our schools and economy, government must start living within its means and practicing fiscal responsibility. We recognize that families, businesses and taxpayers do this every day. This budget reflects my commitment to representing Arizonans - not special interests. I want to thank the Legislature, especially the leadership of President Biggs and Speaker Gowan, for working diligently to get this done for the people of Arizona. This is a budget that reflects our state's priorities and for that we should all be proud."
Highlights of Arizona's Balanced Budget:
Balances the budget and forces government to live within its means
First structurally balanced budget since 2007
Eliminates the structural deficit by 2017
It sets priorities: Child Safety, Classrooms, Public Safety
$326 million in spending reductions
Overall 2.3% reduction to government spending
Protects taxpayers: No tax increase
Child and Public Safety:
$849 million for Child Safety
$1.5 billion for Public Safety
16% of the general fund budget is for Child Safety/Public Safety
Delays construction of new prison beds for a $25 million savings and allows counties to bid for housing new prisoners
In total, schools will have more than $10 billion including state, federal, capital and local funds
Nearly 20% increase in general fund investment in K-12 since 2010
49% of state general fund budget will go to education (K-12 and universities combined)
Protects classroom funding
Teach for America: $500,000 in new permanent funding
Budget includes more than $600 million in general fund dollars for universities
7% of state general fund budget
Protecting rural community colleges from reductions