Archive for July 1st, 2009

This is actually pretty cool. The LA Times put out an interactive chart that allows you the opportunity to take your stab at balancing the out of control California budget. As you go through the exercise drop some of the numbers and you get a sense of what Arizona is up against.  California has a big elephant in the room with their Prop 13 which locked in property taxes on existing homeowners. Arizona has it’s own pesky voter mandated spending which locks in education and other services totaling over 60% of the total budget. The good news is that it’s not going to get much better because the voters also approved automatic annual increases. 

Give it a try HERE.