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Pursuant to A.R.S. § 41-563.01, the Town Council of Pinetop-Lakeside voted to approve the renewal of the Alternative Expenditure limitation- Home Rule Option at its special meeting on June 22, 2022. The vote for approval was 5 For and 0 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 renewing 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 2023-2024, the state-imposed limitation plus applicable constitutional exclusions will allow expenditures of $9,221,223. Under the proposed renewal of the Alternative Expenditure Limitation, we estimate expenditures of $19,352,650.
If the voters approve, the additional expenditures 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.
Kristi Salskov, Town Clerk
Published June 28, 2022 and July 1, 2022.