Phoenix says no tax hikes needed to balance budget this year


CLOSE The Phoenix council wants to have 30 years, instead of 20, to pay down the city's debt for the retirement benefits of public-safety workers.
Phoenix won’t need to raise taxes to balance its budget, at least for now.
The city’s manager and budget planners told the Phoenix City Council Tuesday that they were able to cut an anticipated shortfall by $56 million through a combination of cost cuts and increased revenue from existing taxes.
That recommendation came after a December warning from Phoenix City Manager Ed Zuercher that the city would have to find a "dedicated source of... read more

 
31 January 2018 in Regional, Views: 27
Source: AZCentral
 


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