Maricopa County Board Approved $3B Budget

Source: Maricopa County  Maricopa County is putting hundreds of millions of dollars in federal funds to immediate use helping people impacted by the COVID-19 pandemic while also pulling back on discretionary spending unrelated to the crisis. The Board of Supervisors approved the final $3.071B budget for fiscal year 2021. The bulk of spending is focused on core responsibilities like public […]

Maricopa County Approves $3B 2021 Budget

Source: Maricopa County  Maricopa County is putting hundreds of millions of dollars in federal funds to immediate use helping people impacted by the COVID-19 pandemic while also pulling back on discretionary spending unrelated to the crisis.   It’s a one-two effort to best serve taxpayers during a time of national emergency. The Board of Supervisors approved a tentative $3.071B budget for fiscal year 2021. The bulk of spending is focused on core statutory responsibilities like public safety, with an increased amount dedicated […]

Colliers’ Phoenix Q1 Multifamily Review

By Thomas Brophy for Colliers International   While nearly every aspect of life has changed since March 1st of this year, it is necessary to take stock of where the market was prior to the COVID-19 shock knowing that all previous data sets relied upon have changed. As Elliott Pollack so eloquently stated in his ‘The Monday Morning Quarterback,’ 4/6/2020 post:  “You shouldn’t be […]

Impacts on Budget, Lives Could be Dire

By Howard Fischer for Capitol Media Services via Arizona Daily Star  The COVID-19 outbreak is going to blow a billion-dollar hole in state finances.  And about 775 Arizonans will die by the end of May from the virus.  Those predictions from the Joint Legislative Budget Committee as staffers said the decline in state revenues plus additional costs to the […]