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Phoenix proposed FY2025–26 budget counts on tax increase, adds funding for firefighters, homelessness response and water recovery plant
Summary
City staff presented a draft FY2025–26 budget at a Spanish-language community hearing that relies on a March council vote to raise the transaction privilege tax, and includes proposed new funding for firefighters, the Office of Homeless Solutions and reopening the Cake Creek water recovery plant.
City administration presented the proposed fiscal year 2025–26 budget at a Spanish‑language community hearing, outlining a mix of new revenues and targeted spending to offset state revenue losses.
Mario Paniagua, a city administration representative, told attendees that Phoenix is developing the FY2025–26 budget and warned of "vientos financieros en contra" after recent state actions removed some local revenue sources. He said staff prepared a draft that balances projected costs and revenue and opened the plan to public comment before the City Council takes action.
The presentation cited a City Council vote on March 18 to raise the transaction privilege tax rate from 2.3% to 2.8%, effective July 1,…
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