By Rodney Haas, Casa Grande Dispatch
After a five-year downward trend, two major economic indicators in Casa Grande have reversed course. The news came out during a budget presentation Monday at the Casa Grande City Council meeting. Finance Director Doug Sandstrom reported that the city’s assessed property values have risen 3.4 percent since the previous year, while sales tax revenue has also increased slightly. It is the first time both those items have turned upward since 2010.
The council voted 5-1 to give approval of a tentative budget, which caps spending before a final budget is approved.
Councilman Karl Montoya was the lone dissenter, stating that he was not satisfied with the budget.
