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Phoenix council adopts 2026 budget calendar after staff flag state, federal revenue risks
Summary
Phoenix officials adopted the 2026 budget calendar Oct. 7 after a budget-status presentation that showed a small fiscal-year surplus but flagged potential state revenue reductions, lingering homelessness funding needs and pension cost pressures.
The Phoenix City Council on Oct. 7 adopted the city’s 2026 budget calendar after a staff presentation that summarized fiscal‑year 2024–25 results and flagged several near‑term fiscal risks.
Deputy City Manager and Budget Research Director Amber Williamson told the council the city ended fiscal 2024–25 with a modest positive variance and recommended the calendar be approved so staff can proceed with the multiyear forecast and community budget hearings. Williamson said the city currently shows about $11.6 million in one‑time savings and recommended holding that balance while setting aside $1.6 million for the housing trust fund if February’s multiyear forecast shows capacity.
Williamson and other staff…
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