Alternative Expenditure Limitation, or Home Rule Option
All cities in Arizona are required to have a balanced budget where spending cannot exceed available revenues. State law requires that cities in Arizona cap their annual expenditures either by adhering to a limit determined by a formula developed by the State in 1980, or by obtaining voter approval on an alternative expenditure limitation. The State’s formula does not take into consideration the level of services and programs provided to citizens by each city or town. As an alternative to this formula-based limit, the State Constitution allows voters of a municipality to approve a Local Alternative Expenditure Limitation, otherwise known as the Home Rule option. The Home Rule option allows the Town Council to adopt its own budget limits locally based on local needs, service levels, and available resources.
Has the Home Rule Option been approved in the past?
Yes. The Town received voter approval with a “YES” vote in 1981, 1985, 1989, 1993, 1997, 2001, 2005, 2009, 2013, 2016, and 2020.
What if the Home Rule does not pass this time?
If voters do not renew Home Rule, Prescott Valley will be required to begin operating under the state-imposed expenditure limitation, regardless of the actual revenue it is collecting. The Town would have to wait a minimum of two years before it could ask for another vote to consider Home Rule.
Will my vote have any impact on taxes that I pay?
No, this vote has nothing to do with the sales tax rate or property tax.
Where is there more information on the Home Rule Option?
2035 General Plan passes, provides roadmap for Prescott Valley’s future.
Prescott Valley voters passed the 2035 General Plan update in the November 8, 2022 election with 58.79 percent of voters in favor.
The General Plan serves as a guide for the Town’s physical, economic and social development. It is a compilation of goals, policies and implementation strategies reflecting the vision of the Town’s citizens. The Plan is used by staff, the Planning & Zoning Commission, other Town boards and commissions, and the Town Council to make land use, public infrastructure, and other development-related decisions involving economic vitality, environmental quality, and other aspects of life in the community.
Voters approved the previous General Plan 2025 in March 2013. By State law, the Town must update the document every 10 years. The Town crafted the update through an extensive public participation process including a survey, public hearings, and community presentations.
Plan elements generally include Land Use, Open Space, Growth, Environmental Planning and Water Resources, Cost of Development, Housing, and Economic Development. General Plan 2035 added Education and Public Safety elements.
General Plan 2035 serves as a community roadmap for the next 10 years.