Ariz. Treasurer Yee's Statement on Governor Hobbs' Prop 123 Proposal
January 17, 2024
January 17, 2024
PHOENIX, Arizona, Jan. 17 -- Arizona State Treasurer Kimberly Yee issued the following statement on Jan. 16, 2024:
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"Governor Hobbs just announced her proposal to increase Prop 123 distributions to 8.9%. The Governor's proposal is dangerous and unsustainable. It would break the bank. Governor Hobbs wants to raid the land trust to cover for her mismanagement of the state budget and overzealous spending plans in an ever-increasing inflationary environment. That . . .
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"Governor Hobbs just announced her proposal to increase Prop 123 distributions to 8.9%. The Governor's proposal is dangerous and unsustainable. It would break the bank. Governor Hobbs wants to raid the land trust to cover for her mismanagement of the state budget and overzealous spending plans in an ever-increasing inflationary environment. That . . .