Weeks after she was sworn into office, Arizona Governor Katie Hobbs has released a budget that includes just over $17 billion in spending for the 2024 Fiscal Year.
The budget proposal, which contains just over $17 billion in spending, includes higher education spending, a child tax credit for low-income families, and plans to make feminine hygiene products tax-exempt in Arizona.The budget includes just over $17 billion in spending for the 2024 fiscal year. The spending covers a number of areas, including education, health, welfare, natural resources, and public safety.EducationRepealing the Empowerment Scholarship Accounts , with a claim of $1.
Setting aside $50 million from the General Fund for a refundable child tax credit for low income families, beginning in the 2023 Tax Year.
$17.1 million in reallocated funding to the DPS patrol program for law enforcement duties in areas of greatest need $12.2 million in reallocated funding, including $11 million in one-time funding,t o provide grants to law enforcement in border communities During her first State of the State address, Gov. Hobbs announced a number of new programs that she wants implemented, which includes the child tax credit and tax exemptions for feminine hygiene products that is mentioned above.Gov. Hobbs will have to work with the Republican Party-controlled State Legislature to get a budget passed.
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