Brewer: $1B deficit expected for fiscal year '12 - East Valley Tribune: Arizona

Brewer: $1B deficit expected for fiscal year '12

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Posted: Friday, September 10, 2010 4:30 pm | Updated: 12:48 pm, Mon Sep 13, 2010.

Arizona’s projected budget deficit for fiscal year 2012 is $1 billion, Gov. Jan Brewer told an economic forum hosted by the Mesa Chamber of Commerce on Thursday.

“We’re facing a $1 billion deficit going into fiscal year 2012, which, without new action, will continue to grow in fiscal year 2013,” Brewer said at the forum, held at the Hilton Phoenix/East Mesa.

Arizona faces a projected fiscal 2011 deficit of about $750 million.

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