Revenues Per $1,000 of Personal Income as a Percentage of the National Average, Arizona State and Local Governments
Own-source state and local government revenues relative to the size of the economy were slightly above the national average in the early 1990s in Arizona, but fell below average in the mid-1990s and reached 13 percent below average in fiscal year (FY) 2010. In FY 2011, the figure was up from the cyclical trough to 8 percent below average. Relative to personal income, intergovernmental revenues from the federal government have climbed over time. The much higher figures in fiscal years 2009 and 2010 were temporary, resulting from the federal government’s economic stimulus program, but the FY 2012 figure still was higher relative to the national average than any figure prior to FY 2009.