Wednesday, February 11, 2009

Good News (For The Moment) As AZ Supreme Court Rules Against The State

The Az Supreme Court has ruled that the state lawmakers violated the Az Constitution in a 2008 action when they tried to force local governments to pay the state almost $30 million.

Had the court not ruled, it would have had a negative impact on Oro Valley finances, to the tune of about $143,000.

One Justice who concurred wrote that the state could still get the $30 million by reducing local government’s shares of Urban Revenue Sharing Funds (URSF).

Read the details in The Explorer Feb 11 article.
http://www.explorernews.com/articles/2009/02/11/news/doc499306e5e44bf580343506.txt

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