FY 2027 BUDGET PRESENTATION TREASURER.PPTX
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Name : Title : Date FY 2027 Budget Request John M. Allen, Treasurer Ingrid J. Garvey, Chief Deputy Treasurer Jordan P. Dale, Chief Of Staff January 28, 2026 FY 2027 Budget Request • No above base requests • Maintain baselines for the General Fund and Taxpayers’ Information Fund • Carryforward of Qasimyar Implementation (QMYR) funding • No carryforward of capital appropriations Personnel Costs • ~75% of costs are for personnel • Headcount has remained flat • No longer allocating personnel costs to the MCTIS project General Fund Operating Budget (D430-F100-1000) Fiscal Year 2020 2021 2022 2023 2024 2025 2026 FTE Positions 70 69 69 71 70 69 67 Tax Bill Mailing • Tax bills mailed: 726,000 • Information statements mailed: 793,000 • Delinquent notices mailed: 136,000 • USPS permit usage: $860,000 • Print vendor costs: $375,000 • Internal mailroom costs (excluding Qasimyar): $35,000 General Fund Operating Budget (D430-F100-1000) Software Support and Licenses • MCTIS system launched in November 2025 • Clearwater Analytics ($175,000 annually) • OnBase ($100,000 annually) • ServiceNow ($65,000 annually) • CogAbility ($50,000 annually) General Fund Operating Budget (D430-F100-1000) Investment Portfolio • New Portfolio Manager (Tony Meyer) started in January 2025 • Money held by the Treasurer’s Office is invested • Interest earnings benefit pool participants, including the County Fiscal Year 2021 2022 2023 2024 2025 Interest Earnings (Millions) $55.0 $58.1 $162.7 $226.8 $283.8 Annualized Yield 1.06% 0.99% 2.05% 3.37% 3.39% Qasimyar Project • Budget for implementing Qasimyar v. Maricopa County • Expecting a carryforward of approximately $150,000 • Fulfill stale dated check requests • The final Qasimyar checks will lapse in November 2026 General Fund QMYR Budget (D430-F100-QMYR) Education and Travel • Efforts to visit other county treasurers’ offices • Conferences are made available to line employees General Fund Operating Budget (D430-F100-1000) Other Items • Internal Audit’s review of disbursements and reconciliation • Searle v. Allen court case is ongoing • Security efforts in the Administration Building lobby Thank You John M. Allen, Treasurer Ingrid J. Garvey, Chief Deputy Treasurer Jordan P. Dale, Chief Of Staff January 28, 2026 DRAFT