Download as PDF, PPTX
Uploaded byCity of Maricopa
City of Maricopa 2012 State of the City Presentation
The 2012 State of the City report outlines Maricopa's financial foundation, including a budget of $39.4 million, significant investments, and plans for economic growth through various projects and initiatives. It emphasizes improvements in safety, development, and the creation of new business opportunities, while also addressing the need to resolve structural deficits. The city aims to enhance community services and infrastructure, promoting collaboration among citizens and local organizations to further its goals.
City of Maricopa 2012 State of the City Presentation
- 1. State of theCity G ING 2 0 1 2 VERTICAL WELCOME Thursday, February 23 M.U.S.D. Performing Arts Center at Maricopa High School
- 2. Recognition State of the City 2 0 1 2 Terry Clark Police Department Volunteer of the Year for 2011 G ING VERTICAL
- 3. City Hall NewFaces State of the City Meet City Hall Video Feature 2 0 1 2 Watch this video feature on our YouTube Channel “myMaricopa20”: http://www.youtube.com/watch?v=yUPBZFYJWlk G ING VERTICAL
- 4. State of theCity G ING 2 0 1 2 VERTICAL Current State of the City: Financial Foundation
- 5. Financial Foundation State of the City 2 0 1 2 • Similar to household budget • Cash On Hand • Checking Account • Savings Account • Debt • Investments • To manage all of the above, you have a BUDGET G ING VERTICAL
- 6. Financial Foundation State of the City 2 0 1 2 • 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. G ING VERTICAL
- 7. Financial Foundation State of the City 2 0 1 2 • 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 G ING VERTICAL
- 8. Financial Foundation State of the City Budget $39.4M 2 0 1 2 Money comes in via Money goes out in via REVENUE EXPENSES Contingency $3.2M Operating & Capital Reserves Local Taxes Capital Outlay $13.7M $14.8M $7.8M Personnel $18.3M Supplies $1.1M Local Revenues $2.1M Contracted & Other Services $9.0M Intergovernmental Revenue $8.9M G ING VERTICAL
- 9. Financial Foundation State of the City 2 0 1 2 • 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) G ING VERTICAL
- 10. Financial Foundation State of the City Revenues vs. Expenditures 2 0 1 2 Revenue Expenditures $40M $33M $30M $26M $24M $24M $20M $14M $13M $10M 2010 2011 $0M 2012* *Current year FY12 as of end of 2nd quarter (1st 6 months of budget cycle) G ING VERTICAL
- 11. Financial Foundation State of the City 2 0 1 2 • 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 G ING VERTICAL
- 12. Financial Foundation State of the City Sales Tax Collections 2 0 1 2 First seven months of fiscal year comparison 2011 2012 $981,348 Construction $1,129,199 $1,995,808 Retail $2,297,937 $301,561 Real Rental $279,869 $199,034 Rest. & Bar $270,595 $0 $750,000 $1,500,000 $2,250,000 $3,000,000 G ING VERTICAL
- 13. Financial Foundation State of the City 2 0 1 2 • 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 G ING VERTICAL
- 14. State of theCity G ING 2 0 1 2 VERTICAL Current State of the City: Safety First
- 15. Safety First State of the City Valley Cities Comparison: 2nd Lowest Overall 2 0 1 2 Gilbert 20 Maricopa 26 Scottsdale 32 El Mirage 32 Chandler 34.4 Mesa 38 Phoenix 48.5 Tempe 59 Casa Grande 64.8 Tucson 69 Glendale 69.3 0 18 35 53 70 Overall crime Rate per 1,000 residents Data for FY2010-11 G ING VERTICAL
- 16. Safety First: Police State of the City Personal Crime Trends 2 0 1 2 Rape Robbery Agg. Assault 60 52 51 43 45 41 30 12 9 9 15 9 12 4 5 4 2008 2009 0 2010 2011 G ING VERTICAL
- 17. Safety First: Police State of the City Property Crime Trends 2 0 1 2 Burglary Larceny Auto Theft 900 802 672 635 675 450 274 195 221 225 63 50 71 2009 2010 0 2011 G ING VERTICAL
- 18. Safety First: Police State of the City 2 0 1 2 • Audit process initiated • Audit results • Volunteer programs • Coffee with the Chief Coffee with the Chief G ING VERTICAL
- 19. Safety First: Fire State of the City Response Time 2 0 1 2 Goal Actual 90% 6 minutes, 30 seconds or less 91% 50% 4 minutes or less 49% 0 0.25 0.5 0.75 1 G ING VERTICAL
- 20. Safety First: Fire State of the City 2 0 1 2 • New Fire Station under development with anticipated groundbreaking in 2012 • Citizen Corps G ING VERTICAL
- 21. Safety First: Fire State of the City 2 0 1 2 G ING VERTICAL
- 22. State of theCity G ING 2 0 1 2 VERTICAL Current State of the City: Development
- 23. Housing State of the City 2 0 1 2 • Increase of occupied homes since January 2011 of approximately 400 • Residential vacancy rate approximately 8% • Less time on market • Affordable • Influx of winter visitors/homeowners • Prompted visit of Canadian Consulate G ING VERTICAL
- 24. Housing State of the City Residential Active Listing Trends 2 0 1 2 Maricopa’s months Maricopa supply of listings is Mesa lower than comparable Phoenix Scottsdale Valley cities. 6 Tempe 5.3 5 3.0 2.4 3 2.4 2.4 2 Jan. 2012 0 G ING VERTICAL
- 25. Commerce State of the City Total Commercial Vacancy Rates 2 0 1 2 7.9 2011 4Q Maricopa 8.7 Casa Grande 2011 3Q Queen Creek Surprise 7.2 2011 2Q Gilbert 6.8 2011 1Q 0 5 10 15 20 G ING VERTICAL
- 26. Commerce State of the City 2 0 1 2 • 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 G ING VERTICAL
- 27. Commerce State of the City 2 0 1 2 • 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 or under development G ING VERTICAL
- 28. State of theCity 2 0 1 2 What does it mean for us to now be “Going Vertical”? G ING VERTICAL
- 29. Pathway to GoingVertical State of the City 2 0 1 2 • Previous City Councils set aside the one-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 G ING VERTICAL
- 30. Maricopa is going State of the City vertical by... 2 0 1 2 Establishing a hub of higher education G ING VERTICAL
- 31. Maricopa is going State of the City vertical by... 2 0 1 2 Locating critical healthcare services G ING VERTICAL
- 32. Maricopa is going State of the City vertical by... 2 0 1 2 Receiving entertainment amenities G ING VERTICAL
- 33. Maricopa is going State of the City vertical by... 2 0 1 2 Developing public amenities and service centers G ING VERTICAL
- 34. Maricopa is going State of the City vertical by... 2 0 1 2 Actively participating in the creation of economic development sites G ING VERTICAL
- 35. State of theCity G ING 2 0 1 2 VERTICAL Development: Private Projects
- 36. State of CentralArizona College the City G ING 2 0 1 2 Phase I: 76,000 sq ft Spring 2013 first classes VERTICAL
- 37. State of theCity G ING 2 0 1 2 VERTICAL Holiday Inn Express & Suites Permit pulled 12/29/11 2 other pads available at site Finalizing ADOT review
- 38. State of theCity G ING Maricopa Station Purchased from bank by Vintage Partners 2 0 1 2 VERTICAL Pad 11, The Wells Permits pulled 12/29/11 for 13,000 sq ft space at hard corner
- 39. State of theCity G ING 2 0 1 2 VERTICAL Pinal Power, LLC 30 MW Biomass Facility Pre-application anticipated Anticipated groundbreaking in 2012
- 40. State of theCity G ING 2 0 1 2 VERTICAL Banner Health Center Phase I - $15 m Smith Group, DPR Construction Opening May 16, 2012
- 41. Banner Health State of the City Video Feature 2 0 1 2 Watch this video feature on our YouTube Channel “myMaricopa20”: http://www.youtube.com/watch?v=F-XB_JrNeyw G ING VERTICAL
- 42. State of theCity G ING 2 0 1 2 VERTICAL Garick at Sierra Estrella Landfill Green waste recovery project
- 43. State of theCity G ING 2 0 1 2 VERTICAL Development: City Projects
- 44. State of theCity G ING 2 0 1 2 VERTICAL Estrella Property Fire station, Public Works yard Amtrak relocation P3 for business park
- 45. State of theCity G ING Recreational Complex 2 0 1 2 VERTICAL In design process, bond funded Frontage for private use
- 46. G ING City Hall Complex Phase I: 20 acres 45,000 sq ft City Hall and State of the City 11,000 sq ft police station 2 0 1 2 VERTICAL to open end of 2013 10 acres for private use
- 50. Regional Projects State of the City 2 0 1 2 Ak-Chin Entertainment Complex to open in November and will enhance quality of life and provide 200 jobs to area residents G ING VERTICAL
- 51. Regional Projects State of the City 2 0 1 2 Phoenix Mart commerce center to open in late 2012 G ING VERTICAL
- 52. Supporting Local State of the City Business Growth 2 0 1 2 • 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 Economic Development Alliance G ING VERTICAL
- 53. Business Beat State of the City Brad Bolt, Professional Window Cleaning 2 0 1 2 Watch this video feature on our YouTube Channel “myMaricopa20”: http://www.youtube.com/watch?v=dDv3jpjn0uk G ING VERTICAL
- 54. Maricopa will State of the City continue to... 2 0 1 2 • Create the transportation network necessary for long-term success: • Grade separations and road improvements • Public Private Partnership • Appropriate multi-modal transportation solutions G ING VERTICAL
- 55. Maricopa will State of the City continue to... 2 0 1 2 • 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 G ING VERTICAL
- 56. Maricopa will State of the City continue to... 2 0 1 2 • 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 G ING VERTICAL
- 57. How can YOUjoin the State of the City TEAM? 2 0 1 2 • 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 G ING VERTICAL
- 58. State of theCity G ING 2 0 1 2 VERTICAL Together we can continue to “Go Vertical” in Maricopa - the sky is the limit!