Call to Order

Roll Call (Order Revised)

Work Session Agenda

PRESENTATION: Fiscal Year 2026-2027 Proposed Budget
On April 14, 2026, a proposed budget work session will be held to discuss the FY2027 Proposed Budget with the Town Council.  This presentation will include an update on estimated fund balances to begin FY2027 on July 1, 2026, will discuss proposed operating budgets across departments, and the Capital Improvement Plan budget for next year. The Proposed Budget will already include a staff pay adjustment, and recommended budget supplements for the coming year, including ongoing, one-time, and personnel supplements. In total, the FY2027 Proposed Budget includes projected revenues of $38.5 million, and budgeted expenditures of $49.2 million across all funds. The Town's General Fund balanced budget includes $26.8 million of projected revenues and budgeted expenditures, which includes about $1 million of General Fund contingency budget to match budgeted expenditures with projected revenues. Finance staff have built this Proposed Budget to ensure compliance with the Town's FY2027 expenditure limitation amount of $38.2 million set by the State of Arizona. Although the Proposed Budget is higher than the expenditure limitation for next year, the Town has budgeted to use excludable revenues, such as grants, HURF, investment earnings, and other exclusions that will be discussed during the presentation. The residents and Mayor & Council may access an electronic version of the FY2027 Proposed Budget Book at the following link: FY2027 Proposed Budget Book

Adjournment