Budgets & Funding

Source: Maricopa County With a new decade on the horizon, the nation’s fastest-growing county is making smart investments to further position itself as an attractive, long-term home for families and businesses. The Board of Supervisors approved a tentative $2.57B budget for fiscal year 2020. “This fiscally responsible and sustainable budget keeps the tax rate steady […]

By Rebekah Morris for Arizona Builder’s Exchange The final tally is coming in for this year’s budget season, namely, the Capital Improvement Plans for major municipalities. The next five years appear rosy for publicly funded infrastructure and public works projects, a boost of 7.28 percent in the five-year totals from last year. That is notable […]

By Roland Murphy for Arizona Builder’s Exchange From the time President Donald Trump first proposed his $1.5T infrastructure package before the 2016 election, it has been swarmed by more “ifs” than answers. The most recent “if” is also one of the biggest: If it’s ever enacted, it could create 2.6 million construction jobs. A May […]

By Roland Murphy for Arizona Builder’s Exchange Legislation signed by Governor Doug Ducey last week ended a statewide teacher walkout, increased teacher pay and promised increased funding for K12 education in Arizona. It also sent A/E/C professionals around the state into a tizzy because of one section that has, to date, received little to no […]

By Roland Murphy for Arizona Builder’s Exchange For most Arizonans, Spring means warmer temperatures, baseball and seasonal allergies as the desert starts coming into full bloom. For AZBEX, it means easing (we hope) back into a heavy Public Sector project focus as towns, counties, universities and state agencies start discussing and evaluating their upcoming five-year […]

By Ricardo Cano for The Arizona Republic Gov. Doug Ducey on Tuesday announced a plan he says would “reverse Recession-era cuts” to Arizona school funding and help settle a $1B lawsuit over a decade of cuts to school capital funding. Surrounded by more than 50 Arizona school superintendents, Ducey said his budget this year will include $100M […]

By Roland Murphy for Arizona Builder’s Exchange As a reporter and editor, it’s always a strange situation to report on your own organization. Objectivity is impossible, and the temptation to inject opinion is hard to resist. We have spent the past several months hip deep in procurement data, legislative/regulatory review and all manner of associated […]

By Melissa Fittro for Scottsdale Independent It’s been nearly one year since Scottsdale voters approved a $229M bond package to upgrade and renovate schools within the Scottsdale Unified School District. Voters last November gave the district the green light — and the financial permission — to push forward to enhance the physical facilities, which officials […]

By Roland Murphy for Arizona Builder’s Exchange The City of Phoenix has released its first progress report detailing plans launched and goals met during the Transportation 2050 initiative’s first 18 months of operation. T2050 was approved by voters in August, 2015 to fund aggressive expansion for the city’s long-term transportation goals. The city sales tax […]