Prescott Valley adopts final FY26 budget at $221.5 million

The Prescott Valley Town Council on June 26 adopted the town's final fiscal year 2026 budget at $221,501,855 after a public hearing and staff presentations that summarized the budget process and outreach.

Budget staff told the council the process began in December and included surveys, workshops, study sessions and a tentative budget vote on May 22 that set the town's upper limit at approximately $221 million. Staff said there were no substantive changes to the tentative budget; a technical reclassification of some revenues and expenses was made to better reflect potential future bond, grant and debt funding.

During the public hearing no members of the public spoke on the budget. In council discussion a member asked about ongoing funding to the Chamber of Commerce (about $12,000 per month), observing that the council may want to review that contract value and performance in future budget cycles. Council members otherwise thanked staff for outreach and the open-door process.

Council action: a motion to adopt resolution number 2025-2425 (as listed in the agenda) adopting a final fiscal year 2026 budget in the amount of $221,501,855 was made and seconded; the motion passed unanimously.