Civic Center Plaza. Credit: City of Scottsdale
By Rebekah Morris | AZBEX
The City of Scottsdale continues to direct much-needed funding to capital programs after years of under-investment in public assets.
City voters approved a $319M bond measure in 2019, providing funding for capital projects such as fire stations, police stations and the Civic Center Plaza. Since the bond measures have passed, the City has moved quickly to deliver the promised projects, with wide-ranging improvements coming to nearly every part of town.
The five-year total now sits at $2.033B, a whopping 78.03% increase YOY. In addition to bond funding, the City is realizing the benefit of federal stimulus funds and dedicating these one-time revenues into one-time expenses such as capital improvements.
