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

Budget Award Logo
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 Manag​er'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.​​

​Budget Calendar



 ‭(Hidden)‬ Content Editor ‭[9]‬


FundPHX digital ad​​

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.


  • 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.

March: City Manager's Proposed Trial Budget and Preliminary Capital Improvement Program presented to Council.

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 dolla​​rs 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)

Related Information

Current Reve​​​​nue​ ​Rep​​ort (PDF)​​​ Budget LibraryFinancial Excellence Strategic PlanManagement Fellowship ProgramPension Funding PoliciesValley Benchmark Report

Additional Resources

City Council Mee​tings Finance Budget and Research Glossary​ Phoenix Checkbook Public Record Req​uests​​​

​For ADA/Accessibility concerns or questions, please contact the City of Phoenix ADA/504 Coordinator for more assistance.

Budget and Research Department Statement of Commitment for the equal treatment of our customers as it relates to the ADA in English​and Spanish​.

Main 602-262-3111​​

Water/Sewer/City Services Bill 602-262-6251

TTY 711

Phone Directory

​Frequently Asked Questions



Budget Awards

Image of 2018 ICMA Award  Image of GFOA Budget Award

See List of Budget Awards

​Share this page​