Proposition 100
Use less than 1% (0.49%) of the $918,000,000.00 in new tax revenue approved by voters on 5/18/10 to fund this. $306,000,000.00 is already required “to be spent on health and human services and public safety.”
- Arizona voters approved a 1-cent sales tax increase on May 18, 2010. o Arizona Sec. of State 2010 Special Election Official Canvass Certification
- This new tax will generate $918 million in state revenue during FY 2011 (6/01/10-5/31/11), $968 million in FY 2012 (6/01/11-5/31/12) and an additional $1.06 billion in FY 2013. o May 19, 2010 Reuters article by David Schwartz, “Arizona voters approve 1-cent sales tax increase”
- “A total of two-thirds of the increased monies from the tax are required to be spent on public primary and secondary education; one-third is to be spent on health and human services and public safety.” o State of Arizona FY 2011 Appropriations Report, page BH-2 (page 8 in Adobe Reader) . |