JLBC - Monthly Fiscal Highlights

1716 W. Adams
Phoenix, AZ 85007
Phone:
(602) 926-5491
Fax:
(602) 926-5416

www.azleg.gov/jlbc.htm

“The General
Fund budget
shortfall is
projected to be
$(530) million in
FY 2011 and
$(975) million in
FY 2012.”

January 2011

Summary
December was the fifth consecutive month of
year-over-year growth in General Fund
revenue collections. General Fund revenues
totaled $856.4 million. Excluding the
temporary 1-cent sales tax, these collections
were 11.0% above last year.
December revenue growth was driven by
gains in individual and corporate income tax
collections. Individual income tax collections
increased 7.8% compared to the prior year,
however, this increase is likely due to changes
in the state income tax withholding rates.
Corporate income tax collection growth was
almost entirely due to the substantial amount
of refunds in December 2009.
Given these 2 factors, the substantial increase
in December revenue growth does not
necessarily indicate a sustained economic
recovery.
General Fund collections were above the
forecast by $18.3 million in December. For the
6 months year-to-date, revenues are $(15.8)
million below forecast.
In comparison, December 2010 General Fund
spending was $592.5 million, or $(46.0) million
below last year. December expenditures
were lower than the prior year in part due to
the Department of Education having lower
payments than were budgeted for the
Homeowner Rebate program, and paying a
lower percentage of yearly funding
compared to the prior year.
Fiscal year-to-date, General Fund revenues of
$4.1 billion have been offset by $5.1 billion in
spending for a $1 billion gap. The state

began FY 2011 with an operating balance of
$1.5 billion. The divergence of revenues and
spending year-to-date has caused the
operating fund balance to decline to $630.8
million at the end of December. The state
pays its bills out of the operating fund
balance, which consists of General Fund
monies and certain dedicated funds.
Baseline and Executive Budget Summary
In mid-January the JLBC released its FY 2012
Baseline budget. (Please see the FY 2011 and
FY 2012 JLBC Baseline for a presentation
summarizing the Baseline). The Baseline
reflects a consensus economic forecast and
statutory funding formula requirements. The
Baseline does not represent a budget
proposal. In summary:
•

The General Fund budget shortfall is
projected to be $(530) million in FY 2011
and $(975) million in FY 2012.

•

FY 2012 General Fund revenues are
forecasted to grow by 5.4% and revenues
would equal $8.3 billion. (See Finance
Advisory Committee discussion on page
5).

•

Overall, General Fund spending would
grow by $842 million, or 10.0%. This
includes an $876 million increase to
replace the loss of one-time federal
assistance. FY 2012 spending would equal
$9.3 billion.

The Executive projects the General Fund
budget shortfall to be $(764) million in FY 2011
and $(1.1) billion in FY 2012. Because they
were constructed in a slightly different

Table of Contents
Summary

• State Forester – Fire Suppression ...................... 5

• Baseline and Executive Budget Summary ....1

• Game & Fish – Electronic Transactions ........... 5

December Revenues .............................................2
This report has been
prepared for the Arizona
Legislature by the Joint
Legislative Budget
Committee Staff on
January 28, 2011.

• State Mine Inspector – Expenditures ............... 5
• Public Programs Eligibility Report ..................... 5

FAC Meeting Summary..........................................4

• ABOR/Comm. Colleges – Articulation ............ 6

Summary of Recent Agency Reports

• ABOR – Loan Forgiveness Program ................. 6

• AHCCCS – Healthcare Group ..........................5
• ACJC – CJEF ........................................................5

• SFB – Funding Estimates ..................................... 6

December Spending ............................................. 7
Economic Indicators ............................................ 10

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JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

Summary

(Continued)

manner, the JLBC and Executive baseline
shortfall estimates are not directly
comparable. However, adjusting for these
methodological differences, the estimates are
comparable.

The Executive would address the FY 2012
shortfall with the following proposals:
•
Budget reductions – $903 million
•
Rollovers - $115 million
•
Fund transfers - $86 million

December Revenues
Table 1

December
Year-to-Date

General Fund Revenues ($ in Millions)
FY 2011
Difference From
Difference
Collections
Budget Forecast
From FY 2010
$ 856.4
$ 18.3
$ 175.4
$ 4,107.6
$ (15.8)
$ 750.3

Sales Tax collections were $341.1 million in
December. Excluding the $67.0 million from
the temporary 1-cent increase, collections
were $274.5 million, or 0.7% above December
2009. December is the third consecutive
month to show positive year-over-year growth.
December’s smaller gain is due in part to the
timing of state holidays, which means that
some December collections will be reflected in
January.
“December is
the third
consecutive
month to show
positive yearover-year growth
[in sales tax
collections].”

While positive, collections lagged projections.
Including the 1-cent increase, collections were
$(13.6) million below the forecast. The year-todate loss is $(108.3) million.
Individual Income Tax net revenues were
$342.5 million in December, or 7.8% above the
prior year. Collections were $15.7 million
above the forecast. Year-to-date, revenues
have grown 9.7% and are $73.9 million above
forecast through December.
As indicated in Table 3 below, withholding tax
payments increased by 7.4% in December,
making 9 of the past 10 months positive. This
increase continues to be difficult to interpret
due to changes in the state withholding
system. (See the August MFH for additional
information.)
Given the relatively flat growth in wages and
salaries, however, it is increasingly likely that
taxpayers are over-withholding and some of
those gains will result in higher refunds in April.
As a result, the Department of Revenue has
further revised the withholding schedule by
adding additional lower withholding options.
These options became available on January 1,
2011.

Table 2

Individual Income Tax Growth Rates
Compared to Prior Year

Withholding
Estimated +
Final Payments
Refunds

December
7.4%
7.5%
(14.9)%

YTD
5.6%
0.2%
(24.1)%

Corporate Income Tax net collections were
$98.7 million in December, or $36.1 million more
than the prior year. Collections were $26.2
million above the forecast. Most of the growth
over the prior December is due to lower
refunds, which totaled $5.0 million. In
December of the prior year, refunds totaled
$(35.8) million.
Year-to-date through December, revenues are
up 115.5% and are $36.2 million above
forecast.
The Lottery Commission reports that
December ticket sales were $53.6 million,
which is $6.9 million, or 14.7%, above sales in
the prior year. Year-to-date, ticket sales are
$269.2 million, which is 4.9% above last year’s
sales. The General Fund share of sales has
increased significantly more than sales,
however, due to changes in the distribution
formula.
Non-General Fund
Tobacco Tax revenues were $25.5 million in
December. Collections were down (5.8)%
compared to the prior year, and were $(2.4)
million below the budget estimate for the

3

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

December Revenues
month. Year-to-date collections are down
(2.0)% and are $(1.0) million below the budget
estimate.
Less than 10% of tobacco taxes are deposited
directly into the General Fund. The remainder
primarily goes to AHCCCS and the Department
of Health Services to defray the General Fund
cost of operating those programs, along with
funding the Early Childhood Development
and Health Board.

(Continued)

Highway User Revenue Fund (HURF) revenues
consist of gasoline and use fuel (diesel) tax,
motor carrier fees (commercial carriers),
vehicle license tax and registration fees, and
various other fees. HURF collections of $101.8
million in December were up $7.1 million or
7.5% compared to December of last year.
Year-to-date, revenues have grown 2.2%.

Table 3

General Fund Revenue:
Change from Previous Year and Enacted Budget Forecast
December 2010
Current Month

FY 2011 YTD (Six Months)

Change From
Actual

December 2009

December 2010

Amount

Change from
Actual

Forecast

Percent

Amount

Percent

December 2010

December 2009
Amount

Forecast

Percent

Amount

Percent

Taxes
Sales and Use w/o 1¢ *
Income - Individual
- Corporate

$274,456,847

$1,793,729

0.7 %

$1,684,762,892

($7,866,237)

342,502,655

24,732,445

7.8

15,709,179

4.8

1,594,439,845

141,633,917

9.7

73,896,556

4.9

98,736,833

36,107,213

57.7

26,196,933

36.1

240,958,916

129,126,757

115.5

36,157,516

17.7

1,393,451

Property

5,093,451

(149,431)

(2.9)

Luxury - Tobacco

1,297,767

(573,784)

(30.7)

- Liquor
Insurance Premium
Estate
Other Taxes
Sub-Total Taxes

2,774,228

(491,322)

(15.0)

41,297,192

459,419

1.1

0

0

521,424

324,788

$766,680,398

$62,203,057

-165.2
8.8 %

($7,778,682)

(902,528)

(2.8) %

(0.5) %

($65,578,378)

37.7

10,984,067

(487,159)

(4.2)

2,634,067

31.5

(41.0)

11,879,546

(1,129,736)

(8.7)

(3,630,749)

(23.4)

(591,540)

(4.3)

(641,500)

(4.6)

359,306

14.9

13,326,422

4,797,192

13.1

177,331,855

3,625,563

2.1

12,731,855

437,372

103,988

31.2

437,372

764,972

308,062

67.4

449,972

$3,734,885,887

$264,723,615

16,831,629

1,294,029

0
468,924
$40,243,776

(3.7) %

-893.2
5.5 %

7.6 %

$56,456,711

7.7
-142.8
1.5 %

Other Revenue
Lottery
License, Fees and Permits
Interest
Sales and Services

(690,790)

(3,922,090)

--

(440,619)

(17.9)

14,251

303,307

269,486

796.8

303,307

1,301,199

391,018

43.0

(998,801)

2,014,251

Other Miscellaneous

(2,901,832)

(2,776,551)

--

Disproportionate Share

27,146,306

27,146,306

--

Transfers and Reimbursements
Sub-Total Other Revenue
TOTAL BASE REVENUE

613,020

(3,843,447)

(86.2)

27,785,461

16,824,103

153.5 %

$794,465,859

$79,027,160

11.0 %

(5,890,790)

(7,801,832)
0
(1,786,980)
(16,160,845)
$24,082,931

-0.7

13,259,143

(54,185)

8.3
(0.4)

(9,168,371)
759,143

(35.3)
6.1

--

2,259,561

1,085,023

92.4

2,259,561

(43.4)

10,019,667

(1,673,223)

(14.3)

(3,780,334)

(27.4)

(52.4)

(19,157,837)

(66.1)

9,842,163

(10,832,503)

0.0

--

27,146,306

27,146,306

(74.5)

13,980,073

(18,611,565)

(36.8) %

93,338,542

3.1 %

$3,828,224,429

(1,646,117)
$263,077,498

-(57.1)
(1.7) %
7.4 %

0
(419,927)
(29,507,764)
$26,948,947

--

0.0
(2.9)
(24.0) %
0.7 %

Other Adjustments
Urban Revenue Sharing

(39,500,543)

12,886,509

--

1¢ TPT Increase*

66,977,935

66,977,935

--

Budget Plan Transfers

34,454,551

16,542,885

61,931,942

96,407,328

-- %

$856,397,801

$175,434,489

25.8 %

Highway User Revenue Fund

$101,786,000

$7,067,000

Tobacco Tax (All Funds Total)

$25,536,941

($1,576,610)

Sub-Total Other Adjustments
TOTAL GENERAL FUND REVENUE

92.4

0
(5,829,995)
0

0.0

(237,003,259)

77,319,054

--

(8.0)

394,885,660

394,885,660

--

0.0

0

0.0
(9.8)

121,527,559

15,063,789

(8.6) %

279,409,960

487,268,503

-- %

(42,717,208)

(13.3) %

$18,252,935

2.2 %

$4,107,634,389

$750,346,001

22.3 %

($15,768,261)

(0.4) %

7.5 %

$5,645,947

5.9 %

$592,232,000

$13,009,000

2.2 %

$4,321,152

0.7 %

(5.8) %

($2,350,193)

(8.4) %

$162,752,475

($3,252,194)

(2.0) %

($1,010,856)

(0.6) %

(5,829,995)

14.1

0
(42,717,208)

0.0

Non-General Funds

__________
* Sales and Use line excludes revenue from the temporary 1¢ increase approved by the voter in May 2010. That revenue is shown under One-Time Revenues. Total November collections including the 1¢ increase
were $341.4 million. This amount is $68.8 million, or 25.2%, above November 2009 and $(13.6) million, or (3.8)%, below forecast. Year to date, total collections including the 1¢ increase were $2.08 billion. This amount is
$387.0 million, or 22.9%, above November 2009 and $(108.3) million, or (4.9)%, below forecast.

4

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

FAC Meeting
At its January 20, 2011 meeting, the Finance
Advisory Committee (FAC) heard
presentations on General Fund Revenue
collections, the U.S. economy, and state
cash flows.
JLBC Staff provided members with the latest
4-sector consensus estimates for the “Big 3”
revenue collections. The 4-sector consensus
estimate is a composite of equally weighted
estimates from:
• The University of Arizona Economic and
Business Research (EBR) General Fund
baseline model;
• The EBR conservative forecast model;
• The FAC panel; and
• JLBC Staff.

“The 4-sector
consensus
forecast
projects base
revenue
growth of 5.4%
in FY 2012.
Each
component of
the 4-sector
consensus
showed
improvement
from FY 2011.”

For FY 2011, base revenue collections are
expected to grow 5.2%.
The 4-sector consensus forecast projects base
revenue growth of 5.4% in FY 2012. Each
component of the 4-sector consensus showed
improvement from FY 2011, with the most
significant positive growth in the Corporate
Income Tax category.
Given the 4-sector consensus forecast, JLBC
Staff outlined the latest budget shortfall
estimates for FY 2011 and FY 2012.
In addition to the JLBC Staff presentation,
panel members heard formal presentations
from economist Elliott Pollack and the State
Treasurer, Doug Ducey.
The presenters and FAC panelists generally
believed that the recession has ended in
Arizona, but there were still concerns about
how the recovery could be a gradual process
and less robust than in prior years.

5

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

Summary of Recent Agency Reports
AHCCCS – Report on Healthcare
Group – Pursuant to A.R.S. § 362912AA, the Arizona Health Care
Cost Containment System
(AHCCCS) submitted its quarterly
financial report for Healthcare
Group (HCG) for the period July 1,
2010 to September 30, 2010. The
agency reports that HCG’s
revenues were $600,600 greater
than their expenditures, after
adjustments and before fund
transfers, for the 1st quarter of FY
2011. HCG began FY 2011 with total
unpaid prior year obligations and
other liabilities of $12.4 million. As of
September 30, 2010, total liability
was $12.1 million.
Pursuant to A.R.S. § 36-2912Z,
AHCCCS reports that, as of October
2010, total statewide HCG medical
plan enrollment was 9,401, with
participating members from 3,503
employers. This is a decline of
(3,279) participating members
(25.9% decline) and (1,178)
employers (25.2% decline) from a
year earlier. AHCCCS believes that
the worsening economy and
discontinued outreach has
contributed to the declining
enrollment. (Aaron Galeener)
Arizona Criminal Justice
Commission – Report on Criminal
Justice Enhancement Fund –
Pursuant to A.R.S. § 41-2401C, the
Arizona Criminal Justice Commission
(ACJC) is providing its annual report
on Criminal Justice Enhancement
Fund (CJEF) monies distributed to
law enforcement agencies. CJEF
consists of a 47% assessment on
certain fines, penalties, and
forfeitures imposed and collected
by the courts. In FY 2010, CJEF
revenues totaled $45.8 million and
the total funds available for the
fiscal year, including the beginning
balance and adjustments, was
$64.4 million. In FY 2010, CJEF
revenues decreased by (4.0)% from
FY 2009; CJEF expenditures totaled
$39 million and fund transfers
totaled $7.1 million. (James
Alcantar)

State Forester – Report on Fire
Suppression Activities – A.R.S. § 37623.02E requires the State Land
Commissioner to submit a report by
December 31 of each year on the
uses of monies authorized to be
expended from the Fire Suppression
Revolving Fund. In FY 2010, there
was a total of $15.2 million in
liabilities incurred by the fund. Of
the liabilities, the department made
payments of $14.2 million in FY 2010;
most of the remaining $1.0 million in
unpaid liabilities are for services
reimbursable by the federal
government.
In terms of fire fighting activity, Fire
Suppression Revolving Fund monies
were used to fight a total of 614
fires, resulting in a total liability of
$13.8 million. (Art Smith)
Arizona Game and Fish Department
– Cost Benefit Report for Electronic
Transactions – Pursuant to A.R.S. §
35-142O, all agencies are required
to submit a cost benefit report when
the percentage of electronic
transactions first exceeds at least
30% of an agency’s total
transactions. The cost benefit report
is required by statute to include the
costs of convenience fees, the
amount of revenue generated, and
any realized cost savings.
The Arizona Game and Fish
Department reports that in FY 2010,
32.43% of all transactions processed
were done electronically. In other
words, out of a total of 233,462
transactions, 75,702 were processed
electronically. The department was
charged a total of $104,000 for
processing fees associated with
electronic transactions. The
department was able to partially
offset the processing fees by
charging customers a convenience
fee for electronic processing (a
total of $67,000). The department’s
report does not address whether
they were able to reduce their
operating expenses with greater
online processing. (Ted Nelson)

State Mine Inspector – Mining
Reclamation Consulting
Expenditures Annual Report –
Pursuant to A.R.S. § 27-1234B, the
State Mine Inspector is required to
report annually on payments made
to consultants for assistance in the
review of sand and gravel
reclamation plans in order to ensure
that the lands used for mining are
properly reclaimed for public use
once mining is completed. In FY
2010, the State Mine Inspector
expended $33,000 on 4 consultants
for 23 mines that are currently in the
reclamation process. There is a
consulting fee of $2,775 for each
operation. The State Mine Inspector
initially pays 50% of consulting fees
up front ($1,387.50) and the
balance upon publication of the
review.
A.R.S. § 27-935B requires this same
report for payments made to
consultants for assistance in the
review of reclamation plans for
materials other than sand and
gravel. In FY 2010, there were no
plan submittals that required
consulting expenditures. (Ted
Nelson)
Public Programs Eligibility Report As enacted in the 2006 election,
Proposition 300 limits participation in
certain state programs to citizens,
legal residents, or other persons
lawfully present in the United States,
and requires semi-annual reports to
the Joint Legislative Budget
Committee. Below is a summary of
the reports:
Universities - At the 3 universities,
134,360 students registered for the
fall 2010 semester. Of the total
students registered, the universities
were able to verify the legal
immigration status of 121,322
students. Additionally, the
universities reported that 15,670 of
these students did not require
verification because they have
either not requested, or received instate tuition or state supported
financial aid. The universities

6

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

Summary of Recent Agency Reports
reported that a total of 106 students
were unverifiable due to their
inability to provide the requisite
documentation. The total for the 3
components listed above exceeds
the number of students who
registered because 2,738 students
provided verification but were not
legally required to do so.
Department of Economic Security The department reported that 7,490
applications were received for child
care assistance during the reporting
period of June 1, 2010 to November
30, 2010. Of this number, 3 were
denied because criteria for
citizenship or legal residency were
not met.
Arizona Department of Education The department reported that
15,873 people applied for
instruction in Arizona Adult
Education during the reporting
period of June 1, 2010 to November
30, 2010. Of this amount, 544
people were denied instruction
because they failed to provide
acceptable evidence of citizenship
or legal residence in the United
States.
Community Colleges – Statewide,
the Community Colleges reported a
total of 273,773 students classified
as in-state. They reported 2,186
students who were not entitled to
be classified as in-state because of
a lack of lawful immigration status.
Additionally, 108,838 students
applied for financial aid. Of those
who applied, the community
colleges reported that 270 were not
entitled to any aid because they
were not lawfully present in the
United States. (Aaron Galeener)
Arizona Board of Regents/Arizona
Community Colleges – Report on
Articulation – Pursuant to A.R.S. § 151824, the Arizona Board of Regents
(ABOR) and the community
colleges are required to submit an
annual report by December 15 of
their progress on both articulation
and meeting statewide

postsecondary education needs.
This year’s progress in implementing
the transfer model and support
systems include:
•

More than 6,700 community
college students completed the
Arizona General Education
Curriculum, which satisfies lower
division general education
requirements at the universities.
This is a 10% increase over last
year and a 300% increase over
2002 (when tracking first
began).
•
The Academic Program
Articulation Steering Committee
now includes representation
from K-12 to address curriculum
and communication between
K-12 and postsecondary
education.
•
As required by Laws 2010, 2nd
Regular Session, Chapter 242,
ABOR and the community
colleges selected a shared
numbering system for
implementation.
(Marge Zylla)
Arizona Board of Regents – Report
on Loan Forgiveness Program –
Pursuant to A.R.S. § 15-1782, the Arizona
Board of Regents (ABOR) recently
reported on the progress of the
Mathematics, Science, and Special
Education (MSSE) Teacher Loan
Forgiveness Program. The program
allows ABOR to grant up to 5-year
loans to eligible in-state students
who agree to a service
commitment to teach in a public
school.
For 2009-2010 academic year, there
were 89 recipients. This total
includes 68 loan renewals and 21
new recipients. Of the MSSE
recipients, 36 are studying
mathematics, 19 are studying
science, and 34 are studying
special education. Teacher
retention data is not yet applicable,
since the program began in spring
2008.

(Continued)

A total of $529,205 was dispersed to
students under the loan forgiveness
program in FY 2010. (Leatta
McLaughlin)
School Facilities Board – Report on
Funding Estimates – Pursuant to
A.R.S. § 15-2002, the School Facilities
Board (SFB) is required to report the
estimated amounts necessary in FY
2012 and FY 2013 for the New
School Facilities, Building Renewal,
and Emergency Deficiencies
Correction Programs.
In FY 2012, SFB estimates a total
funding requirement of
$453,445,600, including $211,852,000
of lease-purchase authority for the
New School Facilities Program (or
$88,546,000 in FY 2012 to pay on a
cash basis) and $241,593,600 for the
Building Renewal Program. The new
construction estimate assumes the
current construction limitation is
lifted in FY 2012. The Building
Renewal amount is based on the
current statutory formula, which was
suspended in FY 2011 in favor of a
$2,667,900 discretionary grant
program.
For FY 2013, the board estimates it
will need funding in the amount of
$385,752,900. Of this total,
$120,000,000 is for the New School
Facilities Program and $265,752,900
is for the Building Renewal Program.
SFB did not request to transfer any
monies from the New School
Facilities Fund to the Emergency
Deficiencies Correction Fund in
FY 2012 or FY 2013 due to insufficient
monies in the New School Facilities
Fund. (Jack Brown)

7

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

December Spending
FY 2011 Spending

•

University spending was $56.1 million in
December, or $56.0 million higher than
the prior year. The increased expenditure
amount reflects a rollover of the monthly
payment last year. This year the rollover
has been spread out over the course of
the fiscal year.

•

Department of Economic Security (DES)
spending was $1.7 million in December or
$(2.0) million less than the prior year. The
lower expenditure amount reflects
operating transfers among agency funds
and does not reflect actual expenditures.

December 2010 spending of $592.5 million
was $(46.0) million lower than December 2009
(See Table 5).

•

In December, the Arizona Department of
Education spending was $(90.2) million
lower than the prior year. December
expenditures were lower due to ADE
having lower than budgeted
Homeowners Rebates and paying a
lower percentage of yearly funding
compared to the prior year.

Table 4
General Fund Spending ($ in Millions)

Agency
AHCCCS
Corrections
Economic
Security
Education
Health Services
Public Safety
School Facilities
Board
Universities
Leaseback Debt
Service
Other
Total

Dec 10

Change
from
Dec 09

Year to
Date

YTD Change
from FY 10

121.7
80.0
1.7

(7.7)
1.5
(2.0)

765.0
447.5
433.6

19.7
27.5
(14.0)

293.4
13.3
2.0
0.1

(90.2)
(3.9)
0.1
0.1

2,217.1
236.6
29.8
33.3

(132.4)
(65.3)
(12.2)
(48.9)

56.1
-

56.0
-

547.1
52.1

64.9
52.1

24.2
592.5

0.1
(46.0)

385.6
5,095.6

19.6
(141.1)

8

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

Table 5

Agency
Department of Administration
Department of Admin Sale/Leaseback D/S
Office of Administrative Hearings
Department of Agriculture
AHCCCS
Arizona Commission on the Arts
Attorney General
AZ Capital Post Conviction Public
Defender
State Board of Charter Schools
Board of Chiropractic Examiners
Department of Commerce
Community Colleges
Corporation Commission
Department of Corrections
Board of Cosmetology
AZ Criminal Justice Commission
AZ State Schools for the Deaf & Blind
Department of Economic Security
Department of Education
DEMA
Department. of Environmental Quality
DEQ – WQARF
Office of Equal Opportunity
State Board of Equalization
Board of Executive Clemency
Department of Financial Institutions
Department of Fire, Life, Bldg Safety
Office of the State Forrester
Board of Funeral Directors
Arizona Geological Survey
Government Information Tech.
Governor
Gov. - OSPB
Department of Health Services
Arizona Historical Society
Prescott Historical Society of AZ
Independent Redistricting Comm.
Commission on Indian Affairs
Department of Insurance
Judiciary
Supreme Court
Superior Court
Court of Appeals
Department of Juvenile Corrections
State Land Department

General Fund Spending
($ in Thousands)
Change from
December 10
December 09
1,207.7
(9.8)
0.1
(11.4)
640.3
(3.9)
121,710.2
(7,743.9)
49.9
25.1
1,349.7
(57.5)
64.0
0.1

Year-to-Date
12,724.0
52,066.9
459.7
5,298.9
765,006.3
375.4
10,583.0
330.3

YTD Change from
FY 10
2,263.0
52,066.9
(65.5)
(233.6)
19,691.3
18.3
(755.5)
(35.5)
13.0
(148.0)
836.7
(5.4)
27,519.0
(252.0)
4.6
2,787.2
(14,018.0)
(132,389.8)
1,102.8
(3,083.2)
(13.1)
(38.1)
(93.1)
(403.9)
(130.8)
1,409.4
(100.0)
(139.3)
8.7
(675.6)
(154.0)
(65,337.5)
1,648.1
25.0
(25.5)
(35.7)
(119.3)

49.9
(43.5)
47.3
79,951.9
2,508.7
1,702.5
293,423.6
781.9
(2.3)
109.9
58.3
205.7
71.2
46.5
45.3
38.9
435.8
(17.4)
13,332.7
202.4
54.1
3.4
418.3

(5.1)
(175.7)
(38.7)
1,478.1
2,325.0
(2,039.3)
(90,187.4)
502.7
(525.4)
(1.5)
57.9
(12.2)
(80.3)
(253.8)
46.5
(6.8)
(3.3)
(396.3)
(462.6)
(3,892.9)
(15.1)
4.6
(2.0)
(39.7)

445.6
2,594.4
66,213.2
303.4
447,495.5
12,588.1
433,598.5
2,217,129.7
5,449.8
0.6
7,000.0
96.6
350.6
527.9
1,633.2
1,410.2
1,409.4
309.3
270.7
4,230.4
952.5
236,564.6
4,231.3
338.9
27.8
3,395.0

1,266.1
944.5
760.6
3,874.9
409.5

238.0
(249.8)
(60.0)
(384.3)
(2,641.6)

14,239.8
36,949.2
8,388.9
31,625.5
1,950.6

3,337.5
(4,783.2)
695.6
(6,898.7)
(8,532.4)

9

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

Agency
Law Enforcement Merit System
Legislature
Auditor General
House of Representatives
Joint Legislative Budget Comm.
Legislative Council
Senate
Department of Liquor Licenses
Board of Medical Student Loans
Mine Inspector
Department of Mines & Mineral Resources
Nav. Streams & Adjudication
OSHA
Board of Osteopathic Examiners
Arizona State Parks Board
Pioneers’ Home
Board of Psychologist Examiners
Comm. for Postsecondary Ed.
Department of Public Safety
Arizona Department of Racing
Radiation Regulatory Agency
Arizona Rangers Pension
Real Estate Department
Department of Revenue
School Facilities Board
Secretary of State
Tax Appeals Board
Office of Tourism
Department of Transportation
State Treasurer
Universities
Board of Regents
Arizona State University
Northern Arizona University
University of Arizona
Veterinary Medical Examiners Board
Department of Veteran Services
Department of Water Resources
Department of Weights & Measures
Other
Grand Total

December 10
6.3

Change from
December 09
3.9

1,688.7
952.0
180.2
370.8
724.9
135.1
111.5
28.1
6.9
147.0
452.7
2,015.9
127.0
0.9
1.2
170.3
2,285.1
103.3
682.5
22.8
2.2
-

22.7
(249.2)
(37.1)
68.3
(121.1)
(3.9)
(178.7)
1.2
(6.0)
(0.8)
(3.8)
147.0
(31.5)
98.7
85.9
0.9
0.1
(76.1)
5,127.0
0.1
(662.8)
9.3
2.2
(267.0)

5.7
25,400.9
8,551.9
22,135.0
(1,437.4)
624.2
44.8
1,261.2
592,504.3

(42.5)
25,400.9
8,551.9
22,135.0
(1,880.6)
(933.5)
(20.8)
1,513.9
(45,968.7)

Year-to-Date
41.4

YTD Change from
FY 10
1.8

10,057.6
6,720.3
1,228.3
2,751.0
4,803.6
3.3
343.8
666.7
772.2
90.6
20,000.0
675.9
25.0
610.4
29,808.8
3,168.1
697.5
7.1
1,785.6
20,263.7
33,253.7
10,117.0
152.6
19.5
-

1,062.5
(287.8)
(115.8)
(218.9)
(167.6)
(736.6)
(402.2)
(77.0)
365.2
3.1
(7.8)
(100.0)
(1,900.3)
675.9
(275.0)
(761.7)
(12,228.6)
(130.9)
(73.7)
0.1
(332.5)
5,044.2
(48,945.7)
4,526.4
6.9
200.0
(13.2)
(1,563.0)

10,573.4
242,982.9
81,805.1
211,739.2
6,562.0
3,136.2
582.1
1,611.6
5,095,621.9

(3,730.0)
31,053.2
10,463.2
27,071.5
(250.0)
2,509.4
(6,278.3)
(105.8)
-20,359.6
(141,118.2)

10

JLBC – MONTHLY FISCAL HIGHLIGHTS – JANUARY 2011

Economic Indicators

(Continued)

Table 6

ECONOMIC INDICATORS
Indicator
Arizona
- Unemployment Rate
- Initial Unemployment Insurance Claims
- Unemployment Insurance Claimants
- Non-Farm Employment - Total
Manufacturing
Construction
- Average Weekly Hours, Manufacturing
- Contracting Tax Receipts (3-month average)
- Retail Sales Tax Receipts (3-month average)
- Residential Building Permits (3-month moving average)
Single-unit
Multi-unit
- Greater Phoenix Existing Home Sales
Single-Family
Townhouse/Condominium
- Greater Phoenix Median Home Sales Price
Single-Family
Townhouse/Condominium
- Foreclosure Activity, Maricopa County
Foreclosure Notices (Notice of Trustee’s Sales Recorded)
Pending Foreclosures (Active Notices)
Greater Phoenix S&P/Case-Shiller Home Price Index
(Jan. 2000 = 100)
- Arizona Months Supply of Housing, (ARMLS)
- Phoenix Sky Harbor Air Passengers
- Arizona Average Natural Gas Price
($ per thousand cubic feet)
- Arizona Consumer Confidence Index (1985 = 100)
- Arizona Coincident Index (July 1992 = 100)
- Arizona Personal Income
- Arizona Population
- AHCCCS Recipients
- TANF Recipients
- SNAP (Food Stamps) Recipients
- ADC Inmate Growth (3-month average)
- Probation Caseload (Adult/Juvenile)
Non-Maricopa
Maricopa County
United States
- Gross Domestic Product
(Chained 2005 dollars, SAAR)
- Consumer Confidence Index (1985 = 100)
- Leading Indicators Index (2004 = 100)
- U.S. Semiconductor Billings (3-month moving average)
- Consumer Price Index, SA (1982-84 = 100)

Time Period

Current Value

Change From
Prior Period

Change From
Prior Year

December
December
December
December
December
December
December
Sept-Nov
Sept-Nov

9.4%
23,208
65,644
2.45 million
149,900
113,700
40.8
$33.2 million
$127.8 million

0.0%
(0.5)%
(7.3)%
0.1%
0.9%
(3.6)%
0.5%
7.0%
(1.2)%

0.2%
(18.8)%
(33.0)%
1.5%
(0.3)%
(0.6)%
5.2%
(6.6)%
0.8%

Sep-Nov
Sep-Nov

689
199

(13.0)%
21.8%

(33.4)%
245.7%

December
December

8,155
1,325

19.1%
29.3%

(16.8)%
(12.3)%

December
December

$129,900
$83,900

(3.8)%
3.6%

(10.4)%
(16.1)%

December
December
November

5,766
41,478
104.85

(2.1)%
(0.7)%
(1.1)%

(26.8)%
(19.4)%
(6.4)%

December
November
November

5.1 months
3.18 million
$6.01

(1.6) months
(1.9)%
9.1%

(0.1) months
3.4%
(19.2)%

4th Quarter 2010
December
3RD Quarter 2010
April 1, 2010
January
December
December
Oct-Dec

56.3
180.33
$225.4 billion
6.39 million
1,342,249
45,017
1,084,239
40,256

14.7%
0.2%
0.7%
N/A
(0.7)%
(0.2)%
(0.5)%
(50) inmates

N/A
1.4%
3.4%
N/A
(1.4)%
(48.7)%
6.1%
(411) inmates

October
October

19,530
26,447

(98)
(227)

(195)
(2,658)

4th Quarter 2010
(Advance Estimate)
January
December
Aug-Oct
December

$13.4 trillion

3.2%

2.8%

60.6
112.4
$4.81 billion
220.3

13.7%
1.0%
0.0%
0.5%

7.3%
5.8%
30.7%
1.4%