Phoenix City Council OKs $1.16 Billion Budget

By Carrie Jung
Published: Wednesday, May 20, 2015 - 11:40am

The Phoenix City Council approved a final budget Tuesday for the 2015-2016 fiscal year. It passed on a 6-3 vote.

The approved $1.16 billion budget is a 0.7 percent increase over this year.

Members of city staff said the proposed budget would keep the city operating in the black without required tax increases.

The city avoided a deficit by reducing public employee compensation expenses and opting to phase in required increases in public safety pension costs.

Pension costs are expected to create a deficit next year under the current phase in plan.

The approved budget includes additional funding for police training and recreation services.

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