FY 2019 STADIUM DISTRICT BUDGET GUIDELINES AND PRIORITIES.PDF

MARICOPA COUNTY STADIUM DISTRICT
FY 2019 Budget Guidelines and Priorities
For consideration by the Board of Directors on January10, 2018
The purpose of these guidelines and priorities is to provide direction from the
Board of Directors to the County Manager, the Budget Office and Stadium
District so that they can develop a sustainable, structurally-balanced budget over
the entire economic cycle that achieves, within available resources, the District’s
mission and strategic goals as set forth in the Maricopa County Stadium District
Strategic Plan.
Employee Compensation
Human Resources is directed to develop a targeted employee compensation
strategy which may include pay for performance, highlights an approach focused
on retention and service delivery, and is contingent on an evaluation of economic
conditions and funding challenges, including additional burdens or cost shifts
from the State of Arizona.
Budget Requests
1) Base budget requests will be prepared within baseline amounts equal to their
current budgets plus Board of Director authorized adjustments. The Budget
Office is directed to adjust baseline budgets for the following:1
a) The annualized impact of FY 2018 budget issues or mid-year adjustments.
b) The annualized impact of other items (including intergovernmental
agreements) that were approved by the Board of Directors, so long as the
impact was disclosed at the time of Board approval.
c) Other technical adjustments as required.
2) The Stadium District should submit their base expenditure budget requests
within their baseline budgets, except as noted below:
a) Budget requests may exceed baselines, provided revenue projections are
sufficient to retain structural balance.
b) If the current revenue baseline cannot be met, the Stadium District must
reduce both base expenditures and revenue by an amount sufficient to
restore structural balance.
3) All budget submissions will be analyzed by the Budget Office for potential
efficiencies.
Fund Balances
Requests to use Special Revenue fund balances should be limited to either
building reserves or one-time, non-recurring expenditures and should not be
used to offset an operating deficit. Any use of fund balances and other non-
recurring sources to support an operating budget deficit must be specifically
approved by the Board of Directors.

FY 2019 Maricopa County Stadium District Budget Guidelines and Priorities
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Capital Improvement Program
The Budget Office is directed to work with the Stadium District to develop an
updated Capital Improvement Program budget for FY 2019 which aligns with the
Stadium District’s Strategic Business Plan.