​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Research & Budget DepartmentResearch & Budget Department

Financial Excellence. The Budget & Research Department is committed to maintaining a fiscally sound and sustainable financial plan and budget that reflects community values and resident priorities.​​​​​​​​​​​​​​​


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2022-23 Adopted Budget

Phoenix City Charter requires a balanced budget each year. The final 2022-23 balanced b​​udget was approved by City Council on June 15 and the 2022-23 property ta​x levy was approved July 1.​​

2022-23 City Council Budget Decision (PDF) ​2022-27 Five Year Gene​ral Fund Forecast (PDF)
2022-27 Capital Improvement Pro​​gram (PDF)​

On June 7, 2022, the Mayor and City Council approved moving forward with a proposed General Obligation (GO) Bond program of $500 million. Starting in August, the City of Phoenix will host hybrid in-person ​and virtual GO Bond Committee Meetings to gather feedback on the proposed projects. Community feedback is a vital part of this process and will be considered in the development of the GO Bond Program. Visit the 2023 GO Bond Program site for more information.​​

​Budget Calendar



FundPHX digital ad​ 

FundPHX​ is an online tool designed to educate and engage the public in the City’s annual budget process. The tool is available with the 2022-23 adopted budget in both English and Spanish and gives residents an opportunity to try their hand at balancing the City’s $1.8 billion General Fund operating budget. It also allows residents to provide feedback on current funding levels and share community priorities with staff. Information collected in the tool from residents will be shared regularly with City Council so it can help guide the development of the 2023-24 operating budget.

Use the Playlist menu (upper left corner of video) to watch a specific Budget Hearing video.

Ver video en español


  • Maintain high bond ratings
  • Prioritize funding plans for critical infrastructure
  • Provide accurate and reliable forecasting
  • Maintain a transparent financial environment


Officer with child
  • Expand community engagement effort to involve and educate the public on the budget process.  
  • Continue to improve economic forecasting by consulting with UofA which coordinates the State Forecasting Project.

Budget Timeline


August-February: Revenue and expenditure estimates are updated.

April: Public budget hearings are held and input is provided to Council.

May: City Manager's Budget presented and Council provides policy guidance.

June: Tentative and Final budgets are presented to Council and the 5-year Capital Improvement Program is adopted.

July: Council adopts the property tax rates and property tax levies specified in the budget. ​​​​​

Budget Ordinances, Summary Schedules & State Forms

Estimate of Revenue & Expenses (State Forms)

Budget Guide

Learn how City operations are funded and how tax dollars are spent. Explore all the City programs and services.     

Community Budget Guide (English PDF)Community Budget Guide (Spanish PDF)Citywide Inventory of Program​s (PDF)

​Frequently Asked Questions