Fiscal Year 2027 Proposed City Budget
Summary
City officials reviewed the first half of the fiscal year, noting that revenues are at 49% and operating expenditures are on track, while capital projects lag due to delays. The city is preparing for FY2027 amid increasing healthcare costs and tightening state revenues.
At a glance
- Total mentions
- 7
- Last 30 days
- 0
Last discussed Jul 14, 2026.
Impact analysis
Involves a total city budget of $303.7 million across 18 funds, balancing ongoing operational needs against capital project delays.
All Prescott residents benefit from ongoing city services, transparent financial oversight, and infrastructure planning.
Property owners facing increased tax obligations.
Mentions & discussions (8)
City Council Voting Meeting - Jul 14, 2026
The city council approved the annual property tax levy to help offset revenue losses from state legislative changes and fund vital services like parks and libraries. While supporters argued the increase is minimal for property owners, opponents raised concerns about cumulative tax and fee burdens on residents.
City Council Voting Meeting - Jun 23, 2026
The city council adopted a $311.5 million budget for fiscal year 2027 and approved a small property tax levy increase to help offset potential state food tax cuts and support essential services like the library and public safety.
City Council Voting Meeting - Jun 9, 2026
The council approved a tentative $311.5 million budget for the coming fiscal year, featuring significant capital investments in streets, water systems, and public safety facilities. Council members raised concerns over the high projected costs of a new police property and evidence facility.
City of Prescott Proposes 6.12% Property Tax Increase for FY 2027, Public Hearing Set for June 23 (Best for news/SEO)
City of Prescott Proposes 6.12% Property Tax Increase for FY 2027, Public Hearing Set for June 23 (Best for news/SEO) The Prescott Times Media
City Council (Study) - May 26, 2026
The City Court presented significant increases in case filings and backlogs, requesting additional staff and facility support to manage the caseload effectively.
City Council Voting Meeting - May 26, 2026
The city updated its master fee schedule for FY2027, applying a 1.2% CPI increase to various department fees and introducing new cost-recovery charges for airport waitlists, GIS data requests, and hockey rink rentals.
Budget Workshop I - Apr 27, 2026
Prescott is reviewing a $311.9 million budget for the coming fiscal year that balances ongoing operational expenses with revenues while funding capital projects and employee compensation. Residents can expect continued investments in public safety, infrastructure maintenance, and economic development.
Special Study Session - Mar 3, 2026
City officials reviewed the first half of the fiscal year, noting that revenues are at 49% and operating expenditures are on track, while capital projects lag due to delays. The city is preparing for FY2027 amid increasing healthcare costs and tightening state revenues.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Prescott
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.