Council adopts FY 2023-24 Final Budget

The Sierra Vista City Council adopted the Fiscal Year 2023-24 Final Budget at its regular meeting on Thursday.

The budget amount of $175,145,445 remains unchanged from the Tentative Budget approved on June 23. Following its adoption, the final budget book will be developed and made available in early October. The public will be able to access the budget book on the City’s website, at the Sierra Vista Public Library, and at City Hall. The City's fiscal year runs from July 1 through June 30.

The City Council also held a public hearing on the adoption of the proposed property tax levy rate at $0.1056 per $100 of assessed value, which would generate an estimated $382,261 this fiscal year. The rate was adjusted slightly lower than last year due to an increase in valuation of taxable property, so the amount paid by citizens remains the same. The total revenue is slightly higher than the $379,068 collected last year due to new construction.

The City Council will take final action to adopt the property tax levy at its meeting on Thursday, Aug. 10, at 5 p.m.

In other business, the City Council approved:

· The donation of four surplus Ford Crown Victoria vehicles to Sierra Vista’s sister city Cananea, Mexico.

· The abandonment of two alleyway sections located between Cyr Center and North Garden Avenue.

· The granting of utility easements to provide Sulphur Springs Valley Electric Cooperative and Century Link access for maintaining their utilities on the alleyways being abandoned by the City.

· The rezoning of a parcel located on the southeast corner of Kayetan Drive and Elledge Drive from Neighborhood Convenience to Manufactured Home Residence.

More information from Thursday’s City Council meeting is available in the supporting documents for the Thursday, July 28, City Council meeting. They can be accessed via the City’s website at www.sierravistaaz.gov/government/city-council/council-documents.

City Council meetings can be streamed live and past meetings can be viewed on YouTube. The meetings are also aired on Cox Channel 12. Learn more at  www.sierravistaaz.gov/government/city-council/council-meetings or on this page.