[{"_1":2,"_98":-5,"_99":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6233160,"mediaKeyId","3424493-e14e5a52f7033fc043a21337188736ac","parentId",3424493,"title","Goodyear council adopts $1.24 billion tentative budget, sets June public hearings","audioSeconds",493,"startMs",1572000,"endMs",2065000,"viewUrl","/Search/View?dp=1&key=3424493-e14e5a52f7033fc043a21337188736ac&start=1572&end=2065","thumbnailUrl","https://assets.pipeline.soar.com/3424493-e14e5a52f7033fc043a21337188736ac/thumbnail_1572000.jpg","articleUrl","/articles/6233160/Goodyear/Maricopa-County/Arizona/Goodyear-council-adopts-124-billion-tentative-budget-sets-June-public-hearings","mediaUrl","https://secure.pipeline.soar.com/6233160-77eead416c3ad4ab8aafde6bc3ca8798/orig.mp4?Expires=1771204836&Signature=F6WeqqZ2ZICGCcZt1BqVecg15DYFgTw3bYG2y7j5MTxviQgaUz1mlYny-jOxmh~rTdk~u5oFvdCh7w~3~DtkdGWYtPYyI16fN-kIADrOQ6TFomK0ch7EbKSLP2O0uf9A0ZKN83-sWMyo42Ykw~aW4Aon3fbw4yJXTubVgYj3S2Iv4FGMeFx6Qmx6jzAl8uEOY84y6Oty2FREoCV-4Oimbg3ci5g3N7zwSRFTs0fe969Wn50OL2UAVkcze9Om9RjweFiZSTS49qJXKzbkz7iRDgrqyM2zSG59yYkgaX7~mpu5YbaKHD1VjfS1pa93dPtOE0gCVdKuGKpnupAV~rCTmw__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Goodyear, AZ","date","2025-05-21T14:26:08.49Z","article","The Goodyear City Council on May 19 adopted a tentative fiscal year 2026 budget totaling $1,240,703,500 and authorized publication and next steps, including a public hearing June 9 and a special meeting immediately afterward to adopt the final budget and a property levy hearing scheduled for June 23.

Ryan Biddle, finance manager of budget and research for the City of Goodyear, told the council the primary changes since the manager's recommended budget are timing-related carryovers of roughly $268 million and other timing adjustments. \"Carryovers are simply an administrative process that aligns the timing of one-time expenditures with the fiscal year that we anticipate these expenditures to hit,\" Biddle said.

The tentative budget includes several one-time and capital changes that staff said do not increase ongoing operating commitments. The council also approved a separate item authorizing the list of budgeted expenditures above $500,000 as required by recent procurement code revisions; that authorization passed 7-0.

Council members singled out public safety additions as a high priority. Brandon Hampton, council member, asked about personnel additions; Chief and staff stated the budget includes 21 new sworn police officers. \"This budget will include 21 police officers,\" a member of police leadership said during the meeting.

Budget presentations also addressed planned event and facility items. David Side, interim department operations director, provided cost details for the holiday rink: \"The cost for the synthetic ice is about a hundred and 70,000,\" he said, and staff said the real-ice option would have cost about $377,000. City staff and the city manager said they will pursue sponsorships but will proceed with synthetic ice unless additional funding is secured.

Biddle described other carryover-driven adjustments such as moving a ballpark liner project from fiscal 2027 into 2026 to support leasing and marketing of commercial space at the ballpark. He said contingency and CIP reserve dollars were also adjusted to offset timing shifts.

The council voted 7-0 to adopt Resolution No. 2025-2469 as the tentative estimate of revenues and expenditures and to set the public hearings; the council also voted 7-0 to authorize the fiscal-year list of expenditures above $500,000. Staff told the council the true reconciliation of expenditures will occur after year-end close in August.

The council emphasized there are no tax rate increases proposed in the tentative budget. Next procedural steps are a June 9 public hearing and adoption of the final budget at a special meeting immediately following, with property tax levy adoption set for June 23.","mediaType","Video","parentTitle","City Council Regular Meeting - 05/19/2025","oneSentenceSummary","The Goodyear City Council on May 19 adopted a tentative fiscal year 2026 budget totaling $1,240,703,500 and authorized publication and next steps, including a public hearing June 9 and a special meeting immediately afterward to adopt the final budget and a property levy hearing scheduled for June 23.","taxTitle","Goodyear, Maricopa County, Arizona","taxId",2568,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6233151,"Goodyear holds public hearing on annexation for Liberty Elementary School District No. 25; no council action",149,1267000,1416000,"/Search/View?dp=1&key=3424493-e14e5a52f7033fc043a21337188736ac&start=1267&end=1416","https://assets.pipeline.soar.com/3424493-e14e5a52f7033fc043a21337188736ac/thumbnail_1267000.jpg","/articles/6233151/Goodyear/Maricopa-County/Arizona/Goodyear-holds-public-hearing-on-annexation-for-Liberty-Elementary-School-District-No-25-no-council-action","https://secure.pipeline.soar.com/6233151-3e835d2fd8a29d23a95990af22858c01/orig.mp4?Expires=1771204836&Signature=OpsypM2tSVl8StAEcqg0Pw~LHEcRbj90EUY0VcCfGr918shFaD7KNhmiGtzSEWikw7J9kyrQC2sqv7AHFC~huo3JQuGGQmDzybFso8jKVqrgPkHTDsuNeqOo0ta9OMrMqRxdA0N23L32O5dvu~1L72ayKc~TjcM2K4tOOSSBFUrSiUgTgZUa~MCp0YBJqPpfGVIidtoIwGzj9fyHX6R44PxNm1GgKHyqXeZig1-lkcrgVgqms4IhsgRk3s5GIgnpx8U3L-jauhNQ3QYUChg2AxACC2zDWE5ouTlWe4mJRa4NKQnKyDt7DkfF7fOraBw9XpJb6g6DtOQziV7GQmn0KQ__&Key-Pair-Id=KUT5TJCACFTXG","The Goodyear City Council on May 19 held a public hearing to receive input on a proposed annexation of roughly 16.25 acres by Liberty Elementary School District No. 25 for the planned Liberty Elementary School No. 8. No action was required or taken at the hearing.

Katie Wilkin, development services director, reminded council that annexation requires multiple council touch points and that tonight's hearing was for public input under state law. \"This annexation is at that stage, two,\" Wilkin said, referring to the multi-step annexation process.

Guadalupe Ortiz Cortez, principal planner, described the site as approximately 16.25 acres north of West Lower Buckeye Road, east of South Perryville and west of the Provera residential subdivision. She said the district has acquired the property and construction is underway for the school. The annexation application was first presented to council in September 2024 and staff and the applicant have worked on an intergovernmental agreement that outlines the conditions the district must satisfy before council will schedule the final hearing and make a decision.

No members of the public spoke during the hearing, and council closed the public hearing with direction that staff will return the item for the second and final public hearing after the district meets the conditions of the intergovernmental agreement. No vote or final annexation action was taken on May 19.","The City of Goodyear conducted a statutorily required public hearing on the proposed annexation of approximately 16.25 acres acquired by Liberty Elementary School District No. 25 for a new elementary school. Council took no action; staff said the annexation will return for a final hearing after intergovernmental-agreement conditions are met.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":91,"_47":92,"_49":93,"_51":94,"_53":95,"_55":56,"_57":58,"_59":96,"_61":62,"_63":64,"_65":97,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6233156,"Goodyear establishes irrevocable OPEB trust, earmarks $3.4 million annually to prefund retiree health",0,2546000,"/Search/View?dp=1&key=3424493-e14e5a52f7033fc043a21337188736ac&start=2546&end=2546","https://assets.pipeline.soar.com/3424493-e14e5a52f7033fc043a21337188736ac/thumbnail_2546000.jpg","/articles/6233156/Goodyear/Maricopa-County/Arizona/Goodyear-establishes-irrevocable-OPEB-trust-earmarks-34-million-annually-to-prefund-retiree-health","https://secure.pipeline.soar.com/6233156-00a1aaf12022d49f32729ffad1d6fbae/orig.mp4?Expires=1771204836&Signature=oxraG5usStvED7edOxLHsFKQKKBj3YBHklLTxjonM7tKHJhro7XjuixJAuf9y18Bl8H4gnvsXapZnZU7xAPzDfQ7UgMlqPJortqgw~eQP1KaC1xyU2aolPXzzgH8kWfs~5WDgXJ56sLCQdbSUA9mkNP-Mj1uRvHRN65vWn4ikGnwllUtARXeCEmyZKKRkxRvV03mqP7T7R4ktrmtDjm9TFPRDStLlMUNoUfPKdNDezWVeendLnWllIiEFHvwPaFD1Q3bdWnieVI~hb-g8kakEb5YO1LSP0wgaf-3A~Hcv8eH53ImLuuQqNg7uduJzox746SVxBYKY-5SwykT7wHsKA__&Key-Pair-Id=KUT5TJCACFTXG","The Goodyear City Council on May 19 adopted a resolution to establish an irrevocable other post-employment benefits trust to prefund retiree health care benefits and appointed the finance director as the trust administrator.

Jared Askelson, finance director for the City of Goodyear, told council the city has set aside $3.4 million in the budget for the next five years to prefund retiree health benefits and that the trust will allow a higher assumed investment return on plan assets. \"There are currently 22 retirees on this plan,\" Askelson said during the presentation.

Askelson said using a higher assumed investment return (6.5%) with a trust rather than the lower unaided rate (3.96%) would reduce the city's actuarial liability on the financial statements from about $33 million to under $25 million in illustrative examples presented to council. The staff-recommended investment policy starts with a conservative allocation of about 40% fixed income and 60% equity/alternatives, with the option to revisit the mix later.

Council discussed vendor selection and fees. Askelson said staff used a request for information focusing on OPEB expertise and recommended national firms; the staff identified Hilltop (based in California) and another firm with custodial relationships to larger firms. The finance director said management fees will be included in the contract and that staff will provide fee details in upcoming memos.

The council approved the resolution 7-0. The resolution authorizes the trust, adopts the funding and withdrawal policy and the investment policy, appoints Jared Askelson as the OPEB trust city administrator, and authorizes the administrator to execute documents to form the trust. Staff said they expect to execute necessary documents by the end of the week and begin funding in June so the trust is reflected in the fiscal-year close.","The City of Goodyear voted 7-0 to create an irrevocable other post-employment benefits (OPEB) trust, adopt funding and investment policies, appoint the finance director as trust administrator and begin funding in June. Staff said the trust lowers actuarial liabilities and allows a more diversified investment strategy.","actionData","errors"]

Article not found

Goodyear council adopts $1.24 billion tentative budget, sets June public hearings

Goodyear holds public hearing on annexation for Liberty Elementary School District No. 25; no council action

Goodyear establishes irrevocable OPEB trust, earmarks $3.4 million annually to prefund retiree health