The Town of Queen Creek’s budget serves as a spending plan and communication tool. It incorporates projected revenues and expenses to develop a financial plan for the Fiscal Year, which begins July 1. The proposed budget, available for review on the town’s website, will be considered by the Town Council at the Wednesday, May 1 meeting for tentative approval, with the final approval scheduled for the Wednesday, May 15 Town Council meeting.
Arizona law requires that all municipalities adopt an annual, balanced budget. The Fiscal Year 2024-25 budget totals $723.8 million, a 17% decrease from the Fiscal Year 2023-24 budget. Nearly 60% of the budget is for infrastructure investments, including $159.7 million to continue progress related to transportation improvements.
The Town Council considers the town manager’s recommended budget and ultimately adopts a final budget for the fiscal year. The next steps for the town’s budget are:
o May 1 – Town Council meeting: Town Council considers and votes on the Tentative Budget (the expenditure ceiling).
o May 15 – Town Council meeting: Town Council votes on Final Budget (all programs and services) after public hearing.
o June 5 – Town Council meeting: The Town Council adopts the property tax levy (set at the rate to maintain the property tax freeze previously approved by Town Council).
o July 1 – The 2024-25 Fiscal Year begins, and the approved budget goes into effect.
Visit QueenCreekAZ.gov/WatchMeetings for information on upcoming Town Council meetings.
For additional information regarding the town’s budget, visit QueenCreekAZ.gov/Budget. View the April 8 and 9 budget meetings at QueenCreekAZ.gov.
