City of Chandler Exceeds Revenue Expectations

July 17, 2014 at 11:21 am Leave a comment

by: Mania Hass

The City of Chandler recently approved its budget for fiscal year 2014-15. The new budget shows a slight increase from last year’s budget. Chandler’s Mayor Jay Tibshraeny said that the theme of this year’s budget is “Financially Strong and On the Move.”

The theme speaks to what Chandler has accomplished in recent years and will continue to pursue in the upcoming year. Chandler residents will be happy to know that the city they call home both spent less and earned more than estimated in its 2013-14 budget. Last year’s actual revenue of $180,745,296 was higher than the budget’s predicted $172,019,708. Also, the city’s actual expenses of $180,014,468 were much lower than the approved 2013-14budget of $212,323,477.

 

City officials’ attention to conservative fiscal policies is what makes the City of Chandler able to provide a great quality of life for everyone.  Chandler homes remain affordable and offers great value.  Not to mention, Chandler was able to continue with major downtown renovations including the construction of the city’s municipal building during the recession. While many surrounding cities were hit hard by the recession and housing crash, Chandler stayed on course with its plan for robust construction.

Mayor Tibshraeny noted he is excited to welcome Arizona State University’s Chandler Innovation Center to downtown Chandler. FedEx broke ground on a new distribution center at the city’s Airpark and General Motors is finishing construction on its Technology Center near the intersection of the 101 and 202 freeways. Businesses find Chandler attractive due to its supply of talented, creative and skilled labor at all levels.

Chandler is poised to increase job opportunities with the completion of new businesses in the area.

Entry filed under: Arizona Real Estate, Chandler Real Estate, Phoenix Real Estate. Tags: , , , , , , , .

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