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COMMUNITY NEWS

Scottsdale budget on target in first fiscal year quarter

The City of Scottsdale’s budget finished the first quarter of the fiscal year very close to staff’s predictions, according to a recent report by Budget Department Director Scott Selin to the city council.

The first quarter of the current fiscal year ran from July 1 to Sept. 30. During that time, general fund revenue finished 3% higher than anticipated and expenditures were 5% below budget.

According to Selin, there were three major reasons for the increased revenue. They were:

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