By J. Graber | Scottsdale Progress
City administration on April 26 unveiled its proposed 2022-23 budget for Scottsdale City Council that is benefitting from an unexpectedly huge bump in sales tax revenue.
The $2.1 billion budget – which will be up for final adoption June 7 – includes a modest property tax cut of 10 cents per $100 of assessed valuation, an operating budget of $658.8 million, $29.5 million for grants and special districts, roughly $1.1 billion for capital projects and $356.6 in reserves and contingencies.
It also calls for 33.4 new full-time-equivalent positions that would bring the city’s work force to 2,588.9 positions as well as a 5% pay increase for existing staff and 3% merit raises.