Scottsdale City Council To Consider $350 Million Taxing Plan

The Scottsdale City Council will consider a plan on February 20 to fund $350 million in streets, parks, drainage and other capital improvements. Those projects have been identified as community needs, but are not included in proposals for Scottsdale’s next fiscal budget or five-year capital improvement plan.

At a February 8 meeting, the Council subcommittee explored how some capital projects not currently funded in the budget could be paid for through a combination of general obligation bonds, sales tax, and an increase in the city’s storm water fee. Some of those options would require a public vote.

Scottsdale’s latest budgeting process has identified about 200 potential capital improvement projects totaling more than $800 million. The proposed city budget and capital improvement plan, however, has only identified funding for 31 projects, totaling about $33 million.

The City Council Capital Improvement Subcommittee, composed of Vice Mayor Virginia Korte, Councilman Guy Phillips and Councilman David N. Smith, was appointed by Mayor W.J. “Jim” Lane in 2017 to review the city’s capital needs and make recommendations to the City Council.

About ADI Staff Reporter 15462 Articles
Under the leadership of Editor-in -Chief Huey Freeman, our team of staff reporters bring accurate,timely, and complete news coverage.