There are two separate aspects of the budget: operating budgets like the General Fund, Transit Fund, Golf Fund and others that pay for day-to-day operations; and the Capital Improvements Program (CIP), which uses secondary property taxes to repay bonds that fund repair and construction projects. Each year, the City Council sets both of these budgets.
The Tempe City Council is maintaining its commitment to voters by allowing a temporary additional sales tax to expire on June 30, 2014. The 2013-14 fiscal year is the last in which Tempe will have the additional sales tax as part of its operating budgets. Before voters approved the additional tax in May 2010, Tempe pledged that it would be a temporary, four-year tax. It has allowed Tempe to avoid having to cut too deeply into essential city services as part of balancing the budget during the devastating recession. Since the tax was approved, Tempe has continued to cut its budget in small increments each year, in order to lessen the impact of the tax’s eventual expiration.
Now, Tempe is looking at ways to limit rising personnel costs, which include costs like salaries, healthcare benefits and contributions to state retirement systems. With the City Council’s guidance, City Manager Andrew Ching will begin working with employees on this issue when the various agreements with employee groups open as scheduled for negotiation in late 2013.
Capital Improvements Program (CIP)
The City Council will continue to implement its policy to keep the total property tax bill – also known as the property tax levy – on existing properties relatively constant from year to year. The policy mandates no increases to the annual levy on existing properties by more than the Consumer Price Index rate of inflation, which is currently 1.7 percent for 2013-14, a lower-than-allowed 2 percent inflationary adjustment.
Discussions will begin in latter 2013 with the City Council and with community members about priorities for capital projects.
|2014-15 Budget Planning Process|
|August 22, 2013 Issue Review Session: Budget Strategy Update Agenda Video|
|October 24, 2013 Issue Review Session: Long-Range Forecast Presentation to Council Agenda Video|
|November 18, 2013 Committee of the Whole: Budget Discussion Follow-up Agenda|
|February 13, 2014 Issue Review Session Agenda Video Introduction of the FY 2014-15 CIP Requests
FY 2014-15 CIP GO Requests
|February 25, 2014 (Tuesday) Public Budget Forum (Operating and Capital Budgets)
6-8pm, South Police Substation, Community Room, 8201 South Hardy Drive
|February 26, 2014 (Wednesday) Public Budget Forum (Operating and Capital Budgets)
6-8pm, Tempe Transportation Center, Don Cassano Community Room (2nd Floor), 200 E. 5th Street
Free Parking is available in the City Hall garage on Fifth Street, across from the Transportation Center
|February 27, 2014 Issue Review Session: Agenda Video
Long-Range Forecast Update(Operating Budget), PowerPoint Presentation, and CIP Follow-up
|March 20, 2014 Issue Review Session: CIP Agenda Video|
|April 24, 2014 Issue Review Session: Agenda Video FY 2014-15 Annual Financial Program and CIP
Follow-up; Formal Council Meeting: Agenda Truth in Taxation Hearing (Item 6A3)
|May 22, 2014 Special Meeting following Formal Council Meeting Agenda Video
City Council considers adoption of Tentative Fiscal Year 2014-15 Operating Budget
|June 12, 2014 Special Meeting following Formal Council Meeting Agenda and Supporting Materials
Public hearing and adoption of the Fiscal Year 2014-15 Capital Improvements Program
City Council considers adoption of Final Fiscal Year 2014-15 Budget
Property Tax ordinance introduced and first public hearing held
|June 26, 2014 Special Meeting following Formal Council Meeting
City Council considers final adoption of property tax ordinance; public hearing at formal Council meeting
|*||Tempe City Council Meetings are held in the Council Chambers at City Hall, (Garden Level) 31 East Fifth Street, Tempe, Arizona.|
|Visit the City Clerk's Office for a complete listing of meetings and agendas.|