FY27 Proposed Budget Presentation - 4.14.2026 - Final

FY2027 Proposed Budget 
Work Session
Paul Soldinger, Chief Financial Officer
April 14, 2026

FY2027 Proposed 
Budget 
Considerations

FY2027 Budget Remaining Timeline
• Proposed Budget Work Session – 4/14/2026
• FY27 Proposed Budget Book is online for public
• Council discusses proposed budget and provides direction for Tentative 
budget the following month
• Tentative Budget Adoption – 5/5/2026 Regular Meeting 
(Public Hearing)
• Tentative Budget sets the maximum amount the Town may budget for 
FY2027 
• Final Budget Adoption – 6/2/2026 Regular Meeting (Public 
Hearing)
• Council considers adoption of final budget for FY2027 Town operations
Budget Timeline

Projected Fund Balances – Fiscal Year 2027
Beginning of Year Projected Fund Balances
General Fund
Streets Fund
Cap Projects 
Fund
Facilities 
Reserve      
Fund
All Other 
Funds*
About $15.0M
About $6.1M
About $9.0M
About $8.2M
including $6.7M 
for Future Lake 
Liner Project
About $8.5M
*Other funds include 
Economic Dev, 
Tourism, Downtown, 
Impact Fees, Internal 
Service Funds
**The Town projects to have about $47 million of combined fund balances to start FY2027

FY2027 Projected Revenues by Fund
League is projecting a drop in 
FY27 HURF revenues
Prior year had higher budget for 
IDSDC grant application
Less grant funded capital projects
New Impact Fee Schedule
Total Projected Revenues - $38.5M

Expenditure Limitation for FY2027
FY27 Expenditure Limit
$38,178,069
FY27 Proposed Budget
$49,205,064
Less Grants
(1,760,660)
Less HURF
(1,810,740)
Less Investment Income
(840,962)
Less Other Exclusions
(2,175,700)
Less Using Prior Years’ Carryforward
(4,438,934)
FY27 Expenditures Subject to Limit
$38,178,068
$1
FY27 - $6.6M exclusions
Budgeted to be $1 
under the FY2027 
expenditure limitation

Expenditure Considerations – General Fund
FY27 Projected GF 
Revenues:
$26.8M
Department 
Expenditures:
$25.8M
$1.00M
$1.00M
General Fund Contingency

General Fund Contingency Overview
• Contingency
• Included in General Government 
(General Fund)
• Provides budget authority for 
unforeseen expenditures only if 
projected revenues are received
• $1.00M General Fund contingency 
included in FY2027 Proposed Budget

FY27 Proposed Budget – All Funds
Note: 
Expenditures 
Budgeted for FY 
2027 include 
proposed 
supplements in 
the following 
slides.

Recommended 
Supplements

Ongoing Supplements 
Ongoing 
Requests
Request Title
Department
Funding
Source
FY27 
Requests
Manager 
Recommendation
Offsets
General Fund:
BA-100-03
ChatGPT Organization Subscription
Administration General Fund
4,500
$4,500
$0
BA-100-06
Staffing for Inflatables at Events
Comm Services General Fund
8,300
8,300
0
Total General Fund:
$12,800
$12,800
$0
Economic Development Funds:
BA-310-01
Fountain Hills Promotional Material
Econ Dev
Econ Dev Fund
$10,000
$10,000
$0
BA-300-01
Downtown Fund - Avenue of the Fountains Street 
Banners Replacement
Econ Dev
Downtown Fund
15,000
15,000
0
BA-300-02
Downtown Fund - Downtown Videos
Econ Dev
Downtown Fund
10,000
10,000
0
Total Economic Development Funds:
$35,000
$35,000
$0
Total All Funds:
$47,800
$47,800
$0

One-Time Supplements
One-Time 
Requests
Request Title
Department
Funding
Source
FY27 Requests
Manager 
Recommendation
Offsets
Downtown Strategy Fund:
300-01
Verde River Banners
Econ Dev
Downtown Fund
$10,000
$10,000
$0
300-02
Performance Pad for Avenue Linear 
Park Water Features
Public Works
Downtown Fund
50,000
40,000
0
Total Downtown Strategy Fund:
$60,000
$50,000
$0
Court Enhancement Fund:
420-02
Judge Office- Refresh
Muni Court
Court Enh Fund
$20,000
$10,000
$0
Total Court Enhancement Fund:
$20,000
$10,000
$0
Vehicle Replacement Fund:
810-01
#156 Vehicle Replacement
Public Works
Vehicle Repl Fund
$55,000
$55,000
$0
810-02
#158 Vehicle Replacement
Public Works
Vehicle Repl Fund
60,000
60,000
0
810-03
#159 Vehicle Replacement
Comm Services
Vehicle Repl Fund
50,000
50,000
0
Total Vehicle Replacement Fund:
$165,000
$165,000
$0
Total All Funds:
$245,000
$225,000
$0

Personnel Supplements
*
Personnel 
Requests
Request Title
Department
Funding
Source
FY27 Requests
Manager 
Recommendation
Offsets
General Fund:
BAP-100-01
Groundskeeper I - Part Time
Comm Services
General Fund
$31,142
$31,142
$0
BAP-100-02
New - Deputy Town Clerk
Admin (Clerk)
General Fund
124,133
124,133
0
BAP-100-04
Firefighters - 1 in FY27 (2 Additional in Future)
Fire Department
General Fund
127,868
127,868
0
Total General Fund:
$283,143
$283,143
$0

General Fund

General Fund – All Departments

General Fund – Administration Department

General Fund – Administration Department 
(By Division)
8 of 9 Divisions are in General Fund (Economic Development Division paid 
separately out of 3 other funds)

General Fund – General Government Dept
Community 
Contracts 
budget reduced 
to reflect new 
CASS contract

General Fund – Municipal Court Dept

General (& Streets) Fund(s) – Public Works Dept
$6 million (of the $6.3 million total) is 
specifically budgeted for FY27 Pavement 
Management Program (Increase of $1 
million compared to FY26)
Public Works General Fund 
Budget is $2.5 million
Public Works Streets Fund 
Budget is $8.3 million

General Fund – Development Services Dept

General Fund – Community Services Dept

General Fund – Fire Department

General Fund – Law Enforcement
MCSO Patrol Contract – slight 
decrease for FY27

Other Major 
Funds

Streets Fund
The League is projecting 
an $80K drop in HURF 
and level VLT revenues 
for the Town 
$6 million for FY27 
Pavement Management 
Program (Increase of $1 
million)

Capital Projects Fund
$9.3 million of planned Capital Projects will be 
paid by the various funds (“buckets”) as noted 
in the pie chart – those funds have been 
earmarked in the budget

Green Light Projects in Community Services
FY27
Capital Projects
$   1,000,000
Fountain Park Lake Liner (Design)
600,000
Sierra Madre Park (*Contingent on Council Approval of Rezone*)
300,000
Fountain Park Bollard Light Replacement
300,000
Desert Vista Pump House (Multi-Year – Year 2 of 2)
200,000
Four Peaks Electrical Building (Multi-Year – Year 2 of 2)
200,000
Fountain Park Ramadas (Multi-Year – Year 2 of 2)
75,000
Fountain Park Turf Reduction, Grade and Drainage Work
75,000
Golden Eagle Park – Pump House and Storage Design (Construction by FY2030)
50,000
Community Center – Turf Improvement and Fitness Area (Multi-Year – Year 1 of 2)
$2,800,000
Total FY27 Community Services CIP
FY27
Alternative Funded Projects
$1,400,000
Skyview Park (Development Fees)(Final Construction)
$1,400,000
Total FY27 Community Services CIP – Alternative Funded Projects

Green Light Projects in Public Works
FY27
Capital Projects
$2,003,000
Downtown Streetscapes Improvements (Multi-Year – Year 2 of 5)(Verde River Construction)
325,000   
Sidewalk Infill and Design (Ongoing Program)
150,000   
Pedestrian Marked Crosswalks (Ongoing Program)
500,000
Town Hall Campus Buildings – Roof Rehabilitation
100,000
Dam Sediment Removal and Improvements (Ongoing Program)
50,000
Guardrail Replacement Town-Wide (Ongoing Program)
$3,128,000
Total FY27 Public Works CIP
FY27
Alternative Funded Projects
$1,000,000
Shea Blvd Widening – Palisades to FH Blvd (Carryover Budget to Complete Construction)
325,000
Golden Eagle Impoundment Area Improvements – Phase II (Final Construction of Dam)
400,000
Library/Museum/Community Center Air Handler Upgrades (Facilities Reserve Fund)
250,000
Ashbrook Wash Slope Stabilization (Multi-Year – Year 1 of 3)(Contingent on Grant)
$1,975,000
Total FY27 Public Works CIP – Alternative Funded Projects

Facilities Reserve Fund
Reduced operating budget by 
$400k to account for Air 
Handler project earmarked to 
be paid for by Facilities 
Reserve Fund – Lake Liner 
Design is also earmarked to 
be spent from this Fund 
through the CIP Plan

Special Revenue Fund
FY2026 was $3 million higher to 
account for possible IDSDC Federal 
Grant – Reduced for FY2027 to 
account for possible grants

Economic Development Fund(s)*
*3 Funds are managed by Economic 
Development Division:
1. Economic Development Fund
2. Downtown Strategy Fund
3. Tourism Fund
Downtown Performance Pad –
Recommended Supplement

All Non-Major 
Funds

All Nonmajor Funds
Brush Truck carryover 
budget of $390K + 3 
vehicle replacement 
Recommended 
Supplements

Council Direction 
and Feedback?