PUBLIC NOTICE OF HEARINGS
** REVISED COPY-SEE DATE & TIME**
The Town Council of the Town of Pinetop-Lakeside will hold two (2) Public Hearings on the proposed alternative expenditure limitation (Home Rule Option) as follows:
Thursday, June 16, 2022, at 6:00 p.m.– Regular Town Council Meeting
**Wednesday, June 22, 2022, at 6:00 p.m. – Special Town Council Meeting
Both Public Hearings will be held at Town Hall in the Town Council Chambers located at 325 W. White Mountain Blvd. Lakeside, AZ 85929.
By order of the Town Council of the Pinetop-Lakeside, Arizona.
/s/ Kristi Salskov, Town Clerk
PUBLIC NOTICE
The voters of the Town of Pinetop-Lakeside in 2018 adopted an Alternative Expenditure Limitation – Home Rule Option. The purpose of this election is for the continued use of the Alternative Expenditure Limitation.
Pursuant to A.R.S. § 41-563.01, the Town Council of Pinetop-Lakeside voted to approve the proposed Alternative Expenditure Limitation - Home Rule Option at its Special Meeting on June 28, 2018. The vote for approval was 5 For and 1 Against.
At the general election to be held on November 8, 2022, the voters of the Town of Pinetop-Lakeside will vote on the question of continuing the Alternative Expenditure Limitation - Home Rule Option.
With voter approval, the Town shall be limited to the expenditure of estimated available revenues whether such expenditures are less than or exceed the State imposed limit. As an example, in FY 23-24, the state-imposed limitation plus applicable constitutional exclusions will allow expenditures of $9,221,223. Under the proposed Alternative Expenditure Limitation, we estimate expenditures of $19,352,650.
If the voters approve, the additional expenditure authority will be used for all local budgetary purposes including general government, public safety, parks and library, and public works/streets. Revenues received from federal state and local sources will be used to fund such expenditures.
By order of the Town Council of Pinetop-Lakeside, Arizona.
/s/ Kristi Salskov, Town Clerk