No one enjoyed the recent recession that shook our nation to its core. Here in Marana, we used it as an opportunity to plan for better days ahead.
The result was a series of Town
budgets that required the most careful of considerations. Town management and
staff carefully analyzed every expense and our finance department was more
conservative than usual in its revenue projections. Fortunately, we weathered
the storm as well as could be expected and didn’t allow the financial slowdown
to impact our core services.
All the while, management was
laying the groundwork for better days by creating the Marana Economic Recovery
Plan, which focuses on current employees, strategic positions and resources and
tools. The recession wasn’t going to last forever and we needed a roadmap in
place for when times turned around.
That day could finally be here.
Using the economic recovery plan as a guide, our Town Council last week
approved a more optimistic budget for FY2013. The general fund budget, which
pays most of our expenses, is $31,131,272, up 3.7 percent from this fiscal
component of this budget is the fact that we are able to reward our
hard-working employees. Most regular full- and part-time employees are receiving
a 2 percent cost of living adjustment. In addition, anyone hired before last
July 1 will get a one-time payment in December. The amount is based on a
sliding scale depending on salary and length of service.
This budget is
structurally balanced, with one-time revenues covering one-time expenses and
ongoing revenues dedicated to ongoing expenses. That’s an important key to
ensuring that we meet all our obligations in the coming year.
We are formally adopting the budget
during a Council meeting June 19. TheTown Council and I are proud of the work
performed by staff in crafting this fiscally sound budget. The Town is set up
for a bright future for all who live and do business in Marana. It’s a great
time to be here.