Phoenix-area city’s budget grows by almost 10 percent; no tax hike

Jun 15, 2016, 11:34 AM | Updated: 11:35 am

(Google Maps)...

(Google Maps)

(Google Maps)

PHOENIX — The city of Glendale has approved a $693 million budget for next year, a 9.6 percent spending hike from the current budget, with no plans to raise taxes.

City officials told Your West Valley News that the extra funds will mainly go to capital improvement projects.

The city said it was able to raise the budget without raising taxes due to higher property values, frugal budgeting and growth in local business and residences.

“We’re seeing overall recovery like the rest of the state; a lot of development in the city, a lot of new properties coming on board,” interim Finance and Technology Director Vicki Rios said to Your West Valley News after the meeting.

Because of the rise in property values, property tax rates will drop slightly while tax collections will still go up.

The influx of business to the city will also help revenues with an increase in fees from building permits and sales-tax licenses.

Another revenue increase for the city will come is from its renegotiated contract with the Gila River Arena where the Arizona Coyotes play. The arena, which brought in $750,000 in revenue for the city this year, is projected to bring in $1.2 million next year.

With the new budget the city is still on track to have a rainy day fund of $50 million in case of another recession.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

A Paradise Valley, Arizona, estate known as Casa Oso Negro, which was originally listed for $20 mil...

Kevin Stone

Luxurious Paradise Valley estate originally listed for $20M will be sold at auction

An exquisite Paradise Valley estate that was originally listed for $20 million will be sold at auction this month.

6 hours ago

(AP Photo/Ross D. Franklin, File)...

Brandon Gray

Mayor Gallego, city council votes to leave Phoenix’s Colorado River entitlement in Lake Mead

Mayor Kate Gallego and the Phoenix City Council unanimously voted Wednesday to leave up to 150,000 acre-feet of the city's Colorado River entitlement in Lake Mead over the next three years.

6 hours ago


Brandon Gray

Man arrested in ‘The Zone’ after refusing to leave tent, threatening workers, Phoenix police say

A man was arrested Wednesday after an incident involving homeless outreach workers in 'The Zone' homeless encampment in downtown Phoenix.

6 hours ago

(Photo by Christian Petersen/Getty Images)...

Phoenix City Council vote passes to support Suns, Mercury All-Star bids

The Phoenix City Council unanimously voted Wednesday in favor of supporting the bids from the Phoenix Suns and Phoenix Mercury to host future All-Star games.

6 hours ago

(Pexels Photo)...

Arizona man sentenced to 15 years in prison for sexual abuse of a minor

An Arizona man was sentenced to 15 years in prison for sexual abuse of a minor, authorities said Tuesday.

1 day ago

Sean Bickings (Family Photo via city of Tempe)...

Associated Press

Family of man who drowned last year in Tempe Town Lake files wrongful death lawsuit

The family of a man who drowned in Tempe Town Lake a year ago filed a wrongful death lawsuit against the city Wednesday, noting that its police department doesn't have a policy requiring officers to go into the water to save someone.

1 day ago

Sponsored Articles



Here are the biggest tips to keep your AC bill low this summer

PHOENIX — In Arizona during the summer, having a working air conditioning unit is not just a pleasure, but a necessity. No one wants to walk from their sweltering car just to continue to be hot in their home. As the triple digits hit around the Valley and are here to stay, your AC bill […]



Why drug-free weight loss still matters

Wanting to lose weight is a common goal for many people as they progress throughout life, but choosing between a holistic approach or to take medicine can be a tough decision.


Day & Night Air Conditioning, Heating and Plumbing

Company looking for oldest air conditioner and wants to reward homeowner with new one

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

Phoenix-area city’s budget grows by almost 10 percent; no tax hike