Tag Archives: budget

Council oks FY18 budget that maintains services & property tax rate

The Surprise City Council approved a $275.8 million Fiscal Year 2018 Budget, at a Special Meeting Tuesday night.

The budget maintains existing city services and identifies creative options to maximize some resources.

That includes securing outside revenue sources and reallocating the operating budget to provide new positions that address public safety, water and inspection demands.  Two public safety grants (SAFER Grant and COPS Hiring Program) will partially fund a five-member Fire-Medical Peak Time Response Unit and two police officers, focused on community policing, through 2019.

This budget maintains the city’s current property tax rate of $0.7591 per $100 of assessed property valuation. Due to new construction and higher property valuations, as assessed by Maricopa County that would generate approximately $380,100 in new money. The primary property tax levy is set to support the uses of the General Fund and provides a more diversified revenue system that protects city services.

The budget also dedicates $49.8 million to support the city’s Capital Improvement Plan (CIP), which is used to maintain, preserve, and/or replace city infrastructure. This includes funding for pavement preservation of city streets, vehicle replacement and aging communications, information technology, recreation and utility infrastructure.

There are also a number of financial policy revisions regarding the level at which Council adopts the budget, who can amend the budget, minimum fund balances for the new Stormwater and Workers’ Compensation funds, and clearer definition of the reserves and their potential uses in the General Fund to strengthen the city’s financial position.

Council will vote to set the property tax levy and revise the financial policies at their June 20 Council Meeting.

The FY18 Budget will be available at www.surpriseaz.gov/budget.

FY18 Recommended Budget released

City Manager Bob Wingenroth presented a $336.5 million Fiscal Year (FY) 2018 Recommended Budget to City Council at Tuesday’s Work Session.

The Recommended Budget maintains existing city services and identifies creative options to maximize some resources.

That includes securing outside revenue sources and reallocating the operating budget to provide new positions that address public safety, water and inspection demands.  Two public safety grants (SAFER Grant and COPS Hiring Program) will partially fund a five-member Fire-Medical Peak Time Response Unit and two police officers, focused on community policing, through 2019.

The Recommended Budget also includes $49.8 million to support the Capital Improvement Plan (CIP), which is used to maintain, preserve, and/or replace city infrastructure. This includes funding for pavement preservation of city streets, vehicle replacement and aging communications, information technology, recreation and utility infrastructure.

There are also two recommended financial policy revisions regarding the Minimum Fund Balance Policy for the General fund and the Stormwater and Workers’ Compensation funds that will provide clearer definition for the reserves to strengthen the city’s financial position.

The FY18 Recommended Budget will be available at www.surpriseaz.gov/budget.

Council is scheduled to vote on the final budget in June.

City begins FY18 budget discussions Feb 7

The City of Surprise Fiscal Year 2018 budget-building process begins at the City Council’s Work Session, 4 p.m., Tuesday, February 7.

This is the first in a series of presentations regarding the overall development of the budget. This presentation will give a general overview of the city’s budget and review the calendar for the upcoming process. Emphasis will be placed on the areas of policy making that the City Council has available to impact the FY2018 budget.

The presentation will also discuss outside issues that will influence the outcomes of the budget process.

Future Council Work Sessions and Regular Meetings will include additional presentations related to budget development, including topics on Capital Improvement Projects and continued operating budget discussions.

This process will result in the adoption of a balanced FY2018 budget in June. FY2018 begins July 1, 2017.

Council agendas are posted online at http://agenda.surpriseaz.gov/ at least two business days before the meeting. City Council meets the first and third Tuesdays of each month. Work Sessions are at 4 p.m. and Regular Meetings begin at 6 p.m. All meetings are carried live on Surprise TV for cable customers and streamed online at www.surpriseaz.gov/surpriseTV.