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.