Post on 25-May-2015
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G I N G V E R T I C A L2 0 1 2
State of theCity
W E L C O M EThursday, February 23M.U.S.D. Performing Arts Centerat Maricopa High School
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Terry ClarkPolice DepartmentVolunteer of the Year for 2011
Recognition
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Meet City Hall Video Feature
City Hall New Faces
Watch this video feature on our YouTube Channel “myMaricopa20”:
http://www.youtube.com/watch?v=yUPBZFYJWlk
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State of theCity
Current State of the City:
Financial Foundation
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Financial Foundation• Similar to household budget
• Cash On Hand
• Checking Account
• Savings Account
• Debt
• Investments
• To manage all of the above, you have a BUDGET
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Financial Foundation• Checking Account
(Cash Equivalents): $3.9M
• Total Savings(General Fund): $54.2M
• Operating Reserve ($19M) - Can be used for any City Council approved expenditure, such as smaller capital items, technology improvements, studies, etc. Includes a contingency budget of $3M
• Capital Reserve ($35.2M) - Can be used for major one-time items such as traffic signals, park improvements, etc.
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Financial Foundation• Investments
(State Treasurer’s Investment Pool): $101.9M
• Debt: Bonds $20M with annual debt service of $1.7M
• Budget (General Fund Budget): $39.4M to manage all of the above in the form of revenue and expenses
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Budget $39.4M
Financial Foundation
Contingency$3.2M
Capital Outlay$7.8M
Supplies$1.1M
Contracted & Other Services$9.0M
Personnel$18.3M
Operating & Capital Reserves$13.7M
Local Revenues$2.1M
Intergovernmental Revenue$8.9M
Local Taxes$14.8M
Money comes in via
REVENUEMoney goes out in via
EXPENSES
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Financial Foundation• Budget (General Fund Budget)
• 2011 $41.3M
• 2012 $39.4M
• Savings (2012 Beginning Reserve Balance)
• Capital Reserve $35.2M
• Operating Reserve $19M(48% of General Fund Budget)
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Revenues vs. Expenditures
Financial Foundation
$0M
$10M
$20M
$30M
$40M
$24M $24M
$14M
$26M
$33M
$13M
20102011
2012*
RevenueExpenditures
*Current year FY12 as of end of 2nd quarter (1st 6 months of budget cycle)
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Financial Foundation• 2010 Census puts us at 43,482 residents
which has increased our state shared revenues by approximately $5M annually
• For the fiscal year through January, local sales tax collections are already at $4.69M, surpassing our full-year budget projection
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Financial Foundation
Construction
Retail
Real Rental
Rest. & Bar
$0 $750,000 $1,500,000 $2,250,000 $3,000,000
$270,595
$279,869
$2,297,937
$1,129,199
$199,034
$301,561
$1,995,808
$981,348
20112012
Sales Tax CollectionsFirst seven months of fiscal year comparison
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Financial Foundation• Structural Deficit Fix
• Still work to do for an identified structural deficit
• We will eliminate potential deficits over the next four years
• Budget adjustments can be strategic over the next four years because of our significant operating reserve
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State of theCity
Current State of the City:
Safety First
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Valley Cities Comparison: 2nd Lowest Overall
Safety First
0 18 35 53 70
69.3
69
64.8
59
48.5
38
34.4
32
32
26
20GilbertMaricopa
Scottsdale
El MirageChandler
Mesa
Phoenix
Tempe
Casa Grande
Tucson
Glendale
Overall crime Rate per 1,000 residents
Data for FY2010-11
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Personal Crime Trends
Safety First: Police
0
15
30
45
60
129 9
4
9
4 512
52
41
51
43
2008 20092010
2011
RapeRobbery Agg. Assault
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Property Crime Trends
Safety First: Police
0
225
450
675
900
195 221 274
635
802
672
6350 71
20092010
2011
BurglaryLarcenyAuto Theft
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• Audit process initiated
• Audit results
• Volunteer programs
• Coffee with the Chief
Safety First: Police
Coffee with the Chief
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Response Time
Safety First: Fire
6 minutes, 30 seconds or less
4 minutes or less
0 0.25 0.5 0.75 1
49%
91%
50%
90%
Goal Actual
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• New Fire Station under development with anticipated groundbreaking in 2012
• Citizen Corps
Safety First: Fire
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Safety First: Fire
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State of theCity
Current State of the City:
Development
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• Increase of occupied homes sinceJanuary 2011 of approximately 400
• Residential vacancy rate approximately 8%
• Less time on market
• Affordable
• Influx of winter visitors/homeowners
• Prompted visit of Canadian Consulate
Housing
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Residential Active Listing Trends
Housing
Maricopa’s months supply of listings is lower than comparable Valley cities.
0
2
3
5
6
2.4 2.4 2.4
5.3
3.0
Jan. 2012
MaricopaMesaPhoenixScottsdaleTempe
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Total Commercial Vacancy Rates
Commerce
0 510
1520
7.9
8.7
7.2
6.8
2011 4Q
2011 3Q
2011 2Q
2011 1Q
MaricopaCasa GrandeQueen CreekSurpriseGilbert
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• 248 new business licenses issued this year,more than 20 per month
• 18 small business/entrepreneurs directly assisted so far in FY 2012
• 15 Small Business Training graduates
• 14 jobs expected to be created by Fall Small Business Training graduates
Commerce
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• Approximately $9.7M in capital investment through commercial real estate projects
• $150M in total capital investments to occur over the next two years for projects planned orunder development
Commerce
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What does it mean for us to now be“Going Vertical”?
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• Previous City Councils set aside theone-time monies from constructions sales tax
• 2008 Central Arizona College and Recreation Projects Bond Referendum approved by voters
• City bought land in a “buyer’s market”
• 2010 Census increases our state shared revenues by over $5M
• Successful land transfer retiring a large feedlot operation
Pathway to Going Vertical
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Maricopa is going vertical by...
Establishing a hub ofhigher education
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Maricopa is going vertical by...
Locating criticalhealthcare services
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Maricopa is going vertical by...
Receiving entertainment amenities
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Maricopa is going vertical by...
Developing public amenities and service
centers
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Maricopa is going vertical by...
Actively participating in the creation of economic development sites
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State of theCity
Development:
Private Projects
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State of theCityCentral Arizona CollegePhase I: 76,000 sq ftSpring 2013 first classes
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State of theCity
Holiday Inn Express & SuitesPermit pulled 12/29/112 other pads available at siteFinalizing ADOT review
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State of theCity Maricopa StationPurchased from bank by Vintage Partners
Pad 11, The WellsPermits pulled 12/29/11 for 13,000 sq ft space at hard corner
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Pinal Power, LLC30 MW Biomass FacilityPre-application anticipatedAnticipated groundbreaking in 2012
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Banner Health CenterPhase I - $15 mSmith Group, DPR ConstructionOpening May 16, 2012
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Video Feature
Banner Health
Watch this video feature on our YouTube Channel “myMaricopa20”:
http://www.youtube.com/watch?v=F-XB_JrNeyw
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State of theCity
Garick at Sierra Estrella LandfillGreen waste recovery project
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Development:
City Projects
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State of theCityEstrella PropertyFire station, Public Works yardAmtrak relocationP3 for business park
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State of theCity Recreational ComplexIn design process, bond fundedFrontage for private use
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State of theCityCity Hall ComplexPhase I: 20 acres45,000 sq ft City Hall and 11,000 sq ft police stationto open end of 201310 acres for private use
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Ak-Chin Entertainment Complex toopen in November and will enhance quality of life and provide 200 jobs to area residents
Regional Projects
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Regional ProjectsPhoenix Mart commerce center to open in late 2012
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• Small business initiatives
• Maricopa20 programming (Business Beat)
• Business Retention Program
• Small business startup classes
• New pilot technical assistance program
• Training partners
• Maricopa Chamber of Commerce
• Maricopa EconomicDevelopment Alliance
Supporting Local Business Growth
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Brad Bolt, Professional Window Cleaning
Business Beat
Watch this video feature on our YouTube Channel “myMaricopa20”:
http://www.youtube.com/watch?v=dDv3jpjn0uk
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• Create the transportation network necessary for long-term success:
• Grade separations and road improvements
• Public Private Partnership
• Appropriate multi-modal transportation solutions
Maricopa willcontinue to...
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• Be a leader in sustainability (green trash cans, Meritage)
• Preserve our heritage and quality of life (Heritage District, Seven Ranches grant)
• Support local businesses growth and improve City processes
Maricopa willcontinue to...
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• Collaborate with local groups
• Support nonprofit organizations that serve the community
• Partner with private groups like the Action Alliance Network to deliver bigger and better community events
Maricopa willcontinue to...
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• Join a volunteer program
• Community Services, Development Services, Fire and Police
• Become a Citizens Leadership Academy graduate
• Participate in various City updates processes:
• Budget, Zoning Code, Community Planning Assistance Team
• Apply to serve on a Board, Committee or Commission
• Join the Mayor in taking the Arizona Centennial pledge
How can YOU join the TEAM?
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State of theCity
Together we can continue to “Go Vertical” in Maricopa -the sky is the limit!