CITY BUDGET

City of Scottsdale revenues were up and expenses were down last year

Scottsdale’s general fund revenues were up $24.4 million over budget last year.

(Courtesy City of Scottsdale)

Scottsdale’s general fund expenses were down $11 million under budget last year.

(Courtesy City of Scottsdale)

A preliminary look at the City of Scottsdale’s Fiscal Year 2024 year end budget shows general fund revenue up over budget and expenses are under budget.

General fund revenues came in around 6%, or $24.4 million, higher than budgeted, while expenses were 2%, or $11 million, under budget, city treasurer Sonia Andrews told the city council during its Aug. 21 meeting.

City Council member Barry Graham said he was “ecstatic” to be 6% over budget for revenues.

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