From Bob Murray & Associates, the official executive search firm in charge of collecting candidates to replace Frank Fairbanks, here are the highlighted issues, challenges, and opportunities facing the new Phoenix City Manager:
“The severe recession that began in 2007 has had a significant impact on the City of Phoenix. The FY 2009/10 General Fund budget shortfall of $269.7 million has been met by service and program reductions of $156 million. Another $113.7 million in savings was realized by shifting some pay as you go capital investments to lease purchase. The decline in sales tax revenue, which began in the fall of 2007, has had the greatest impact of the financial resources available to the City of Phoenix. Authorized positions have been reduced by a total of 1,073.
In the long term, the City Council is concerned about the City’s future revenue base and how that can be balanced among different revenue sources more effectively. The City Council realizes the need for a broader local economy in the City. Economic Development will play a key role in the diversification of the economy.
Infrastructure needs from transportation to water supply will continue to demand the attention of the City. Developing a long term strategy to insure the integrity of the City as it grows will be key to the future of Phoenix.
Phoenix recognizes that is has grown in its diversity and will continue to do so. As a City it has embraced its differences and has encouraged working as a team to reach its greatest potential.”
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