Scottsdale’s proposed $2.54B Fiscal Year 2023-2024 budget includes $1.376B for capital improvements covering a total of 385 projects.
The remainder breaks down to $739.1M for the operating budget and grants and $425.3M for contingencies and reserves.
City revenues are planned at slightly more than $2B, while expenses are set at $2.54B. Scottsdale has $964M in budget carryovers that more than make up for the difference.
The capital improvement budget is divided into seven project categories:
- Drainage and Flood Control: $708M,
- Water and Sewer: $449.8M,
- Transportation: $437.9M,
- Community Facilities: $140M,
- Service Facilities: $139.2M,
- Public Safety: $100.6M, and
- McDowell Sonoran Preserve: $38.1M.
In the April 25 City Council review, there was some confusion as to why previously discussed projects that were considered for delays due to cost increases were still included in the prospective budget. Staff reported there had been no consensus reached in previous Council discussions about delaying the projects, which include a shade structure at Ashler Hills Park, major upgrades to the Paiute Community Center, and improvements to Second Street. As a result, they have remained on the project list.
Council will vote on the tentative budget May 16 and could give final approval on June 13. (Source)