HB 2695 Summary

• Appropriates funding for Arizona state government agencies for fiscal years 2015-2018, with total state general fund appropriations of approximately $9.67 billion for FY 2016-2017

• Allocates significant funding to major agencies including education ($3.29 billion for K-12), universities ($2.75 billion), health services ($11.38 billion for AHCCCS), and corrections ($1.1 billion)

• Includes payment deferrals and adjustments, including deferring approximately $931 million in school district state aid from FY 2016-2017 to FY 2017-2018

• Amends prior appropriations related to the Arizona Financial Information System replacement and the Department of Child Safety data center relocation

• Transfers $78.9 million from the special employee health insurance trust fund to the state general fund for fiscal year 2016-2017