Council to take action on Resolution No. 10-25 approving and adopting a Tentative Budget for Fiscal Year 2025-2026. Summary: It is a State law requirement that the City annually approve and adopt the

City of Buckeye — Regular Council Meeting (2025-05-20)

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5.B
CITY OF BUCKEYE
Regular Council Meeting
COUNCIL ACTION REPORT
MEETING DATE: 05/20/25
AGENDA ITEM: 5.B. FIN - Resolution
No. 10-25 Adoption of Fiscal Year 2025-
2026 Tentative Budget
DATE PREPARED: 05/14/25
DISTRICT NO.: All
STAFF LIAISON: Greg Luethje, Budget Manager, gluethje@buckeyeaz.gov, (623)
349-6187
DEPARTMENT: Financial Services
AGENDA ITEM TYPE: Public Hearing
and Non Consent - New Business Items
ACTION/MOTION: (This language identifies the formal motion to be made by the Council) 
Council to take action on Resolution No. 10-25 approving and adopting a Tentative Budget for Fiscal
Year 2025-2026.
SUMMARY
PROJECT DESCRIPTION:
It is a State law requirement that the City annually approve and adopt the Tentative Budget, to include
estimates of revenues and expenditures. The Tentative Budget sets forth the financial resources plan for
Buckeye Fiscal Year 2025-2026 service delivery programs and the CIP. After approval, the Tentative
Budget and State budget forms will be available for public review and inspection. The Tentative Budget
estimate for Fiscal Year 2025-2026 is $819,669,500.
BENEFITS:
Satisfies the State law requirement to annually adopt a Tentative Budget and sets forth the financial
resources plan for Buckeye's FY 2025-2026 service delivery programs.
FUTURE ACTION:
Publication of the Tentative budget Resolution and State budget forms once a week for two (2) weeks.
June 3, 2025:     Public Hearing on the Final Budget
June 3, 2025:     Adoption of FY 2025-2026 Final Budget
June 17, 2025:   Adoption of FY 2025-2026 Property Tax Levy
FINANCIAL IMPACT STATEMENT:
The Tentative Budget estimate for FY 2025-2026 is $819,669,500.
CURRENT FISCAL YEAR TOTAL COST:
$819,669,500
BUDGETED:
Yes
FISCAL YEAR:
2025-2026
FUND/DEPARTMENT:
Various

Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:
2026_City-Town_Official_Budget_Forms - Tentative Budget 5.11.25v2.xlsx
Res_10-25_approving tentative budget FY 25-26.pdf