08.15.22 MARICOPA COUNTY CBR.PDF

Maricopa 
County
Board of 
Supervisors
M O N D A Y , A U G U S T 1 5 TH, 2 0 2 2

2

3
FY22 Review

FY22 Review
Annual
Contract Goal
Actual FY22
% of Goal FY22
Payroll (in Millions)
$384.4
$635.3
165%
Average High Wage Salary
$61,226 
$75,847
124%
Jobs
7,176
10,859
151%
High Wage Jobs
4,232
4,748
112%
Qualified Prospects
239
272
140%
Qualified International Prospects
38
58
114%
GPEC Assists
10
14
153%
FY22 Goal 
Status
Compare to 
Prior Year
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F Y 2 2 R E V I E W

Major Locates
*Numbers as of June 30
5
Buckeye
125 Phase 1 Jobs
862,602 SF
Goodyear
500 Phase 1 Jobs
300,100 SF
Chandler
172 Phase 1 Jobs
201,221 SF
Phoenix
150 Phase 1 Jobs
54,000 SF
Buckeye
1,708 Phase 1 Jobs
1,000,000 SF
Phoenix
300 Phase 1 Jobs
50,119 SF
Mesa
255 Phase 1 Jobs
225,000 SF
Phoenix
120 Phase 1 Jobs
11,756 SF
Phoenix
278 Phase 1 Jobs
58,584 SF
Glendale
1,716 Phase 1 Jobs
1,200,000 SF
Chandler
317 Phase 1 Jobs
104,000 SF
Tempe
400 Phase 1 Jobs
46,000 SF
F Y 2 2 R E V I E W

FY22 Locates By Supervisor District
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F Y 2 2 R E V I E W

7
GPEC & 
Maricopa 
County

Regional Results
Regional Results Summary
FY22*
FY21
5-Year Total
Payroll Generated
(in millions of dollars)
$635.00
$594.90
$2,875.6 
Jobs
10,859
9,928
47,960
High-Wage Jobs
4,748
5,470
26,704
Average Salary
$58,477
$59,921
$59,958
Qualified Prospects
272
277
1,345
Assisted Locates
55
45
234
Capital Investment 
(in millions of dollars)
$3,211.7 
$13,020.1 
$22,862.4
When a company 
selects a Greater 
Phoenix location, all 
communities benefit 
with increased tax 
revenues. 
GPEC-assisted locates 
have created 96,827
jobs region-wide for 
Maricopa County 
residents over the 
past five years.
Maricopa County 
benefits from site 
location projects and 
GPEC activities that 
occur across the region. 
Economic development 
projects create value by 
generating public and 
private revenues.
Commute patterns 
and retail studies 
show that employees 
of “locates” live and 
spend their incomes in 
all Greater Phoenix 
communities. 
Results Through Regional Success
*FY22 numbers are through June 30
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G P E C & M A R I C O P A C O U N T Y

Maricopa County 5-Year Trend on Revenue Return
84:1
Revenue 
Return
Funding Request for FY23: 
$685,941
$84
of direct revenue for every 
$1 invested.¹
of total revenue for every 
$1 invested.²
$118
in new consumer spending 
generated by new Maricopa 
County jobs and employed 
Maricopa County residents. An 
addition of $5.3 billion created 
by multiplier effects results in 
total consumer spending of 
$11.3 billion.
$6.0B
in new Maricopa County 
direct revenues (boosted to 
$398.8 million when 
including related multiplier 
effects of $114.1 million).
$284.7M
1 Includes property, sales and utility taxes, as well as state-shared and other local revenues.
2 Includes direct revenues plus those generated by related supplier and consumer jobs. 
3 Revenue estimates are from the Greater Phoenix Consensus Impact Model. In 1999, GPEC and our members developed the region’s first-ever consensus-based revenue and economic impact 
model. Based on nationally accepted multiplier data provided by IMPLAN, the model is customized to calculate economic and revenue benefits for GPEC’s members and the State of Arizona.
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G P E C & M A R I C O P A C O U N T Y

10
FY23 
Action Plan

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F Y 2 3 A C T I O N P L A N