Economic Estimates Commission
The Economic Estimates Commission is responsible for estimating Arizona’s personal income and the percent change in the per capita personal income for each fiscal year. The Commission also determines the maximum amount that is expected to be available for legislative appropriations from state tax revenues along with calculating the required appropriation to or transfer from the budget stabilization fund for each fiscal year. Additionally, the Commission calculates the expenditure limits for counties, cities and towns, community colleges, and the aggregate expenditure limitation for all school districts.
The Economic Estimates Commission consists of three members including the Director of the Department of Revenue or the director’s designee, who serves as chairman and two persons knowledgeable in the field of economics, with one appointed by the President of the Senate and one appointed by the Speaker of the House of Representatives for two-year terms. Current members include Deputy Director Grant Nülle, Elliott D. Pollack and Alan Maguire.
Expenditure Limits
| Cities/ Towns |
Cities/Towns with Annexations | Counties | community Colleges | Aggregate School Districts | Revisions | |
|---|---|---|---|---|---|---|
| FY19/20 | Final | Included in Final | Final | Final | Final | |
| FY18/19 | Final | Final | Final | Final | Final | |
| FY17/18 | Final | Included in Final | Final | Final | Final | |
| FY16/17 | Final | Final | Final | Final | Final | |
| FY15/16 | Final | Final | Final | Final | Final |
Personal Income Estimates
- Final Estimate FY 2019/20 (March 2019)
- Final Estimate FY 2018/19 (March 2018)
- Final Estimate FY 2017/18 (March 2017)
- Final Estimate FY 2016/17 (March 2016)
- Final Estimate FY 2015/16 (March 2015)
Budget Stabilization Fund
- Fiscal Year 17/18 Calculation
- Fiscal Year 16/17 Calculation
- Fiscal Year 15/16 Calculation
- Fiscal Year 14/15 Calculation
- Fiscal Year 13/14 Calculation