By Councilmembers Julie Pace & Ellen Andeen
The Town’s new CFO Lindsey Duncan and Town Manager Jill Keimach are leading the efforts to work with department heads and Town Council for us to review and approve a budget for Paradise Valley by June 9.
Inflation, increasing fuel costs, the labor shortage, and the need to have a high level of customer service and talented team members in our town means there will be an increase in the budget.
In FYE 2021, our town revenue was approximately 38 million and expenses were approximately 36 million. The Town has 107 full-time employees, 6,113 residences, a population of 12,658 people and land area is 16.5 miles.
From the fiscal year 2021 as compared to the fiscal year 2019, revenue increased by approximately $2.1 million or 6%, while expenses increased to $900,000 or 2.6%.
And our Town has at least $63 million in cash and investments as a rainy day fund.
Our Town has no primary property tax. We primarily receive revenues from the occupancy tax from our world-class resorts, sales tax, State-shared revenues such as HURF and federal and state grants, licenses and permit fees, and fines and forfeitures.
Our Town community development department is very busy with the high number of construction projects and permits occurring. They are working to continue to be responsive to both hillside and flatland projects. The department is proposing adding one employee to help with enforcement regarding the short-term rental regulations.
Building inspection efficiencies have significantly improved under Chuck Ransom’s leadership. Kudos to Chuck and his team as we are hearing great things in the community about responsiveness, competency, and timeliness on projects.
Public Works is a popular department in the Town as they do so much visible work through maintenance of medians, and roadways, maintaining desert ambiance, and giving a high level of customer service.
The department has done an amazing job doing preventive work on Town roads to save money in the long run. Our Town is in the top 10% of properly maintained streets in the country. This is because of the investment that has occurred annually to take care of and maintain roads. Kudos to Brent Skoglund and Jerry Cooper and their team!
Our wonderful community-oriented Police Department has been working hard and they are proposing adding an Item in the budget to have a mental health expert available for those types of calls.
Also, they are preparing an increase of two officers to help cover the increasing needs of the short-term rental and party house situation and because they anticipate that the Ritz opening may increase traffic to 15,000 a day, which is 5 million vehicles a year.
The police department is being proactive and planning ahead to be able to properly staff the current and anticipating needs of our community.