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Maricopa County outlines conservative budget process, sets May timeline to set property tax rate
Summary
A county official described Maricopa County’s multi-month budget process, emphasizing conservative revenue estimates, a May tentative budget that sets the property tax rate, and public comment opportunities in May and June ahead of a July 1 fiscal year start.
Maricopa County officials described a multi-step budget process that relies on conservative revenue estimates and sets a May deadline for approving a tentative budget that determines the county’s property tax rate.
A county official told the meeting that Maricopa County serves about 4.5 million residents and operates with a staff-to-population ratio of roughly 3.08 employees per 1,000 residents, providing services including public safety, public health and election administration. The official said the county has no general obligation debt and uses conservative revenue assumptions so it can meet mandates through economic ups and downs.
The county’s budget calendar, as…
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