News Ticker

Budgets & Funding

House OKs Five-Month Highway Funding Bill

By Kent Hoover for Phoenix Business Journal The U.S. House of Representatives voted July 15 to extend federal highway and mass transit funding for five months, an action BEX

July 20, 2015 // 0 Comments

Gila County Eyes $6M In Projects

By Teresa McQuerrey for Payson Roundup There might be a light at the end of the tunnel for the crowded county facilities in Payson. Granted, it was just a work session, but BEX

July 15, 2015 // 0 Comments

Chandler OKs $910M Budget, Avoids Cuts

By Chris Coppola for The Arizona Republic Chandler has adopted a roughly $910M budget for the next fiscal year that avoids any significant cuts to services or staffing. The BEX

June 26, 2015 // 0 Comments

ADOT OKs Preservation-Centric 5-Year Plan

By Roland Murphy for Arizona Builder’s Exchange The State Transportation Board approved the Arizona Department of Transportation’s $5.5B five-year transportation plan at BEX

June 23, 2015 // 0 Comments

Pima County Sues State Over Budget

By Patrick McNamara for The Arizona Republic Pima County sued the state June 8, claiming its new budget illegally forces millions of dollars in education spending onto county BEX

June 15, 2015 // 0 Comments

Peoria Council May OK $511M Budget

By Jeff Grant for Daily News-Sun The Peoria City Council will vote June 16 on a proposed municipal budget for fiscal 2016 totaling $511M that keeps local taxes and BEX

June 8, 2015 // 0 Comments

PHX 5-Year CIP Budget Holds Steady

By Roland Murphy for Arizona Builder’s Exchange This week the City of Phoenix adopted a plan to invest $3.1B in capital projects over the next five years. More than $1.1B BEX

June 5, 2015 // 0 Comments

Peoria Budgets for Public Safety, CIP

By Whitney M. Woodworth for The Arizona Republic Peoria’s $511M proposed budget focuses on economic development, public safety and preserving the city’s stretches BEX

June 3, 2015 // 0 Comments

Glendale Approves $632M Budget Limit

By Peter Corbett for The Arizona Republic The Glendale City Council on May 26 set its 2015-16 budget spending limit at $632M, despite council worries that the police and fire BEX

June 3, 2015 // 0 Comments

Yuma Council Eyes $212M Budget Plan

By Blake Herzog for Yuma Sun City of Yuma staff presented to the city council May 26 a $212M operational budget with a higher tax levy to account for increasing state BEX

May 29, 2015 // 0 Comments

Surprise Opts to Not Pursue Bond Election

By Richard Smith for The Surprise City Council did not completely close the door on calling for a 2015 bond election at its May 19 meeting, as no vote was BEX

May 25, 2015 // 0 Comments

Rio Nuevo Approves Budget 2016

Source: Real Estate Daily News Last week, the Rio Nuevo Board approved its budget for the fiscal year that begins July 1, 2015. The budget includes expenses of $10.2M, BEX

May 25, 2015 // 0 Comments

Pima County Ups Property Tax

By Patrick McNamara for Arizona Daily Star A tentative budget Pima County supervisors approved on Tuesday includes a 20-cent increase to the county’s total property tax BEX

May 22, 2015 // 0 Comments

NAU Cuts 60 Jobs, Delays Construction

By Michelle McManimon for Arizona Daily Sun At a campus forum on NAU’s fiscal year 2016 budget April 30, NAU President Rita Cheng said 60 positions will be cut and she has BEX

May 13, 2015 // 0 Comments

Pima County Advances $815M Bond Issue

By Roland Murphy for Arizona Builder’s Exchange The Pima County Board of Supervisors approved moving ahead last week with an $815M bond package for regional infrastructure BEX

May 8, 2015 // 0 Comments

Surprise Council Considers Bond Options

By Richard Smith for Daily News-Sun Two months after its formation, Surprise’s bond exploratory committee reconfigured the list of projects during what turned out to be its BEX

May 4, 2015 // 0 Comments

Chandler to Allocate $2M in HUD Funds

By Chris Coppola for The Arizona Republic Chandler is in the process of deciding how to allocate about $2M in federal funds provided to assist low and moderate-income BEX

April 27, 2015 // 0 Comments

Pima County Considers $815M Bond

By Patrick McNamara for Arizona Daily Star Supervisors could decide the fate of the largest bond package ever proposed in Pima County as soon as Tuesday, April 21. The $815M BEX

April 23, 2015 // 0 Comments

Peoria’s Council Considers $511M Budget

Source: The Peoria City Council is being asked by municipal officials to approve a $511M budget for fiscal year 2016 that calls for no tax increases while BEX

April 10, 2015 // 0 Comments

AZ National Parks Need $500M in Maint.

By Bill Theobald for The Arizona Republic Repairs to crumbling infrastructure in Arizona’s national parks have been put off so long that it will now cost more than half BEX

March 31, 2015 // 0 Comments

ADOT Proposes $5.5B Five-Year Plan

By Luci Scott for Arizona Builder’s Exchange The Arizona Department of Transportation proposes spending a total of nearly $5.5B in fiscal years 2016-2020. That’s the BEX

March 27, 2015 // 0 Comments

EPA Awards $2.5M for AZ Water Programs

Source: U.S. Environmental Protection Agency The Environmental Protection Agency awarded $2.5M to the State of Arizona for projects to help restore water quality in the BEX

March 26, 2015 // 0 Comments

PHX OKs Bond for Basis Charter Schools

By Angela Gonzales for Phoenix Business Journal Scottsdale-based Basis Schools Inc. issued $88M in Industrial Development Authority bonds to cover expansions at its charter BEX

March 24, 2015 // 0 Comments

Tucson to Get More Road Repairs

By Becky Pallack for Arizona Daily Star Tucson is getting a good deal on roadwork these days, so voter-approved bond dollars will stretch further and into more neighborhoods BEX

March 18, 2015 // 0 Comments

Pima County to Decide on $653M Bond

By Patrick McNamara for Arizona Daily Star A $653M bond package for parks, open space and historic preservation has been recommended to the Board of Supervisors by the Pima BEX

March 18, 2015 // 0 Comments

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