PHX tops state CIP’s with nearly $8.25B

By Rebekah Morris | AZ Builder’s Exchange, LLC

For the fourth year in a row, Phoenix has eclipsed all other municipalities in the state with the largest planned investment in public assets. The total of its five-year Capital Improvement Plan clocks in at $8.248B and provides funding for a wide range of capital projects including parks, roads and streets to libraries, airport improvements, and public safety facilities and equipment. This year’s total investment decreases from last year’s level by -2.91%.

The top five areas for investment are: AviationPublic TransitStreet TransportationWastewater and Water. Collectively, these five departments represent 84.4% of the five-year total.

READ ON:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930