It is so antiquated and understaffed it has lost federal accreditation. In addition to the State Hospital, tobacco funds should build a new State Health Laboratory and pay for new or renovated rural health clinics throughout the state, the Governor said. The hallmarks of the Governor. I want to assure you that the budget is conservative. Arizona already uses revenue bonds approved by the Legislature to pay for its university buildings and its freeways.
Revenue bonds have a number of advantages.
They make funds available for other educational investments, especially programs that improve learning as demanded by the public. Interest rates on bonds are at a historic low of 4.5 percent, and Arizona as a state has relatively little debt. Despite being the second fastest growing state in the nation, Arizona ranks 30 th in state per capita debt. Governor Hull will continue Arizona. These tax cut proposals continue a trend to keep reducing the tax burden on our citizens and stimulating our economy.