Research & Budget Department

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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.

2023-24 Budget Process

In April, the City of Phoenix hosted 12 Community Budget Hearings to gather feedback on the proposed fiscal year (FY) 2023-24 City budget. Residents also provided feedback using the interactive FundPHX tool and by contacting the Budget & Research Department directly. All resident comments on the proposed budget were provided to the City Council routinely so it could be considered ahead of final decision making. The City Council approved the FY 2023-24 City Manager’s Proposed budget at their May 16th meeting. The final 2023-24 balanced budget was legally adopted by City Council on June 14 and the 2023-24 property tax levy was approved July 3.

2023-28 Capital Improvement Program (PDF)
2023-24 City Manager's Trial Budget Packet (PDF)2023-28 Five Year General Fund Forecast (PDF)2023-28 Preliminary Capital Improvement Program (PDF)2023-24 City Manager's Proposed Budget (PDF)
2023-24 City Council Budget Decision (PDF)

On November 7, 2023 Phoenix voters passed the City Council approved $500 million General Obligation (GO) Bond Program. GO Bond programs help to fund critical infrastructure and rehabilitation needs of City facilities such as parks, libraries, fire and police stations, affordable housing, streets and storm drains. Approved projects will be prioritized and allocated over the five-year period of 2024-25 to 2028-29 and included in the Preliminary Capital Improvement Program (CIP) scheduled to be presented to City Council on March 19, 2024. Learn more about the GO Bond Program by visiting the Projects & Reports page. Visit the 2023 GO Bond Program site for more information.

General Budget Comments & Questions Form
City Council Meeting Participation
Find My Council District

Budget Calendar

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FundPHX is an online tool that was launched in January 2020 designed to educate and engage the public in the City's annual budget process. The tool is available with the 2023-24 adopted budget in both English and Spanish, giving residents an opportunity to try their hand at balancing the City's 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 development of the 2024-25 operating budget.

Current Budget Books & Reports

2023-24 Summary Budget Book (PDF)
2023-24 Detail Budget Book (PDF)
2023-28 Capital Improvement Program (PDF)
2023-24 Inventory of Programs (PDF)
Visit the Budget Library for all Budget-related documents

Priorities

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

Goals

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.