The Budget & Research Office directs the preparation and administration of the annual operating budget and department elements of our Integrated Planning and Budget process. Responsibilities include revenue estimating, forecasting, long range fiscal planning and conducting organization and management studies.

It's the goal of the city of Goodyear to provide taxpayer value and we want to make it an open and transparent process. The information available to you will give you an understanding as to how tax dollars are invested to develop and maintain your city projects, programs and services.

City and Town Budgets - Your Input Matters!

Every year by mid-July, all Arizona cities and towns are required by law to adopt a balanced budget that is open to citizen input and participation. Every resident can have a voice in deciding what the budget will be spent on and how it will be paid for in the months before it is adopted. Each fiscal year, there are a combination of work sessions and public hearings with the City Council during the budget development process. These touchpoints are a great way for citizens to be informed and weigh in on the priorities and direction for the city.

Future meeting agenda items can be found on the Meetings & Agendas section of the city’s website.

Overview of the annual budget development timeline:

January 11, 2024: City Council Retreat, incl. Revenue and Five-Year General Fund Forecast

April 8 & April 15, 2024: City Manager's Recommended Budget

May 20, 2024: Adoption of Financial Policies

May 20, 2024: Tentative Budget Adoption

June 10, 2024: Final Budget Adoption

June 24, 2024: Property Tax Levy Adoption

Goodyear City Council Adopted Financial Policies

Goals:

• Fiscal Conservatism
• Flexibility
• Adherence to Highest Accounting and Management Practices

Key Financial Policies:

• Ongoing cost supported by ongoing revenue streams
• Hierarchy from least spendable to most spendable fund balance for governmental funds
• Use of asset management reserves
• Enterprise funds should be self-sufficient
• Contingency or ‘rainy day fund’
• 15% of ongoing revenues 
• Maintain investment grade bond ratings
• Issue new G.O. Bonds only if combined property tax rate is $1.74 or less per $100 of assessed valuation
• Practice long range planning in CIP and financial forecasting

Ryan Bittle
Finance Manager-Budget & Research

Hours of Operation
Monday - Friday
8 AM - 5 PM

Phone
623-882-3061

Email Us