PHOENIX (AP) - Arizona has resorted to borrowing and funding delays to help balance recent budgets, and Gov. Jan Brewer's new budget proposal to close most of a midyear shortfall has more of the same.
Brewer proposes an additional $245 million of so-called "rollovers" that delay state payments to school districts from one fiscal to the next.
And she proposes a one-day loan of $330 million to Arizona's general fund by the First Things First early childhood program.
That money would be borrowed June 30 and repaid July 1, and Brewer budget director John Arnold acknowledges that it'd be a gimmick of the type decried previously by the governor and legislators.
But he calls it a near-necessity, saying its too late to make major spending cuts in the current budget.
(Copyright 2011 by The Associated Press. All Rights Reserved.)