Corporation commission computer glitch leaves state arts fund short
The Arizona Commission on the Arts could face drastic budget changes, including cuts to programs and grants, because of a software glitch.
The agency earns about $1.3 million annually from a state fund subsidized entirely by business filing fees paid to the Arizona Corporation Commission, but budget projections show the arts commission’s Arts Trust Fund is on track to be nearly $500,000 short of its average annual revenue.
The Corporation Commision website may be partly to blame.
In May, the Corporation Commission switched to a new online system that was supposed to allow for more online filing of documents and be more user friendly. Since then, Corporation Commission staff and the people that use the website have noticed several bugs with the new software.
Arizona businesses are required to file annually with the Corporation Commission and pay a $45 fee. One-third of the fee, or $15, goes to the trust fund. The rest goes to the Corporation Commission, which has also noticed an unusual drop in fee revenue, commission spokesman Nick Debus said.
Read more: https://azcapitoltimes.com/news/2018/12/21/corporation-commission-computer-glitch-leaves-state-arts-fund-short/
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