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Temporary State Sales Tax Increase Information
Wednesday, February 24, 2010
Arizona citizens will be voting on a temporary three-year one-cent sales tax increase to help reduce the state budget deficit on May 18, 2010.
Arguments regarding this matter for publication in the Publicity Pamphlet must be submitted to the Secretary of State by the close of business on this coming Thursday, February 25, 2010.
The fee for ballot measure arguments is $100 or $75 if the text is submitted electronically. For information on how to submit a ballot measure argument, [visit this page on the Secretary of State website:] (http://www.azsos.gov/election/2010/May_Special/Submitting_Arguments_For_or_Against_a_Ballot_Measure.htm)
Several communities have inquired what will happen if the sales tax does not pass. The most direct result would be the state’s deficit increasing by approximately $943 million for the current fiscal year, and an estimated $968 million in FY 2011-12 and $1 billion in FY 2012-13.
The Legislature would then devise the budget for the next fiscal year taking into account the reduced level of revenue.