ELOY — The City Council held a special meeting last week to adopt a resolution approving the tentative budget for the upcoming fiscal year.
City staff proposed a $52 million budget as the maximum limit of expenditures. Under state law, once the tentative budget is adopted it cannot be increased.
Finance Director Brian Wright told the council that the primary property tax rate will remain the same at $1.06 per $100 net assessed valuation.
The budget includes a $6 million payment to the public safety retirement fund, which has been discussed extensively at previous council meetings.
Wright added that there is an aggressive capital improvement plan that’s funded through a one-time construction sales tax, the federal American Rescue Fund, state gas tax and food sales tax.
Other changes include a $20,000 increase to the Eloy Chamber of Commerce budget, a $2,000 increase to the employee appreciation fund and the addition of travel and training funds for park maintenance facilities.
There will be a public hearing on June 30 for the property tax and for the final budget.
During the special meeting the council also formed a subcommittee to review the applications to fill two vacancies on the Planning and Zoning Commission.
The subcommittee will consist of Councilmen Dan Snyder and Jose Garcia as well as one city employee and current members on the Planning and Zoning Commission.
Originally Councilwoman Sara Curtis would have served on the subcommittee as the ex-officio but since she was recently elected to the council and to the commission, it was agreed upon that Snyder should take her place since he previously served as ex-officio on the commission.
City Manager Harvey Krauss told the council that as soon as the subcommittee is fully formed, the commission applications will be reviewed and interviews with the applicants will be scheduled.