Chandler City Council proposes reduced property tax rate and $2.6 billion capital plan

In the heart of Chandler's city hall, a pivotal meeting unfolded as city officials gathered to discuss the proposed budget for the fiscal year 2025-26. Mayor Kevin Hartke opened the session with a commitment to reducing the property tax rate for residents, marking a significant achievement as this would be the tenth consecutive year of tax reductions. The mayor expressed gratitude towards the city staff for their diligent efforts in streamlining the budget, emphasizing the importance of maintaining a strong financial relationship with the community.

As the discussions progressed, city officials highlighted that while property taxes primarily support public schools and community colleges, the city of Chandler benefits from approximately 11 cents of every dollar collected. This funding is crucial for the city’s capital plan, which is set at an impressive $845.7 million for the upcoming year, reflecting a 3.5% increase from the previous year. The overall ten-year capital plan is projected to reach $2.62 billion, driven by inflationary pressures and a focus on aging infrastructure.

The meeting also addressed the city’s commitment to maintaining a AAA bond rating, which helps secure the lowest possible interest rates for residents. This financial strategy is vital as the city prepares for a bond sale anticipated in the fall of 2025, which could generate around $157 million for various projects. Among these projects, the construction of new parks and the enhancement of existing facilities, such as the addition of pickleball courts, were highlighted as key community investments.

City officials underscored the importance of community input in shaping these projects, with plans to hold a bond election in November. This election will allow residents to voice their support for continuing the ten-year capital plan, ensuring that essential infrastructure improvements align with community needs.

As the meeting transitioned to departmental presentations, the Cultural Development Department showcased its achievements, including a successful anniversary celebration and numerous public art projects. The department's budget, just shy of $5.8 million, aims to enhance community engagement through events and improvements to local facilities.

With a clear focus on fiscal responsibility and community engagement, the city of Chandler is poised to navigate the upcoming fiscal year with a budget that reflects both the needs of its residents and the commitment to sustainable growth. As the council members concluded their discussions, the anticipation for the upcoming bond election loomed large, promising a future shaped by the voices of Chandler’s community.