Title
Public Hearing: Truth in Taxation, Main Street Mall and Off Street Parking Maintenance District No. 1, Municipal Improvement Districts and Final Budget Adoption for Fiscal Year 2022
Summary Recommendation
Conduct a combined public hearing on the proposed City of Yuma primary property tax levy (truth in taxation); the proposed Main Street Mall and Off Street Parking Maintenance District No. 1 expenditures and levy as well as for the five Municipal Improvement Districts including Park West Units 4 and 5 (MID No. 100), Desert Sky Unit No. 1 (MID No. 104), Saguaro Units 3 & 4 (MID No. 107), Driftwood Ranch Units 1 & 2 (MID No. 108), and Livingston Ranch Unit No. 2. (MID No. 109); and the proposed expenditures (budget) for Fiscal Year 2022 pursuant to A.R.S. § 42-17104. The City of Yuma expenditure budget for Fiscal Year 2022 of $522,477,302 includes a Capital Improvement Program budget of $158,300,018, an Operating Expenditure Budget of $343,738,923, Interfund Transfers of $20,245,293; and Wastewater Infrastructure Borrowing of $193,068. Following the close of the public hearing, adopt the proposed budget resolution which includes a 3% line item increase in solid waste fees. (Administration/Finance) (Philip Rodriguez/Barbara Goodrich)