Financial Standing

More information on the city's financial standing is available at the city's Financial Information website and at the Budget and Research Department website.

Total City Budget *$3.47 Billion
Number of PLT Licenses*66,000
Standard & Poor's General Obligation Bond Rating **AA+ with a stable outlook
Moody's Bond RatingAa1
City Retail Sales Tax Rate2.0%
City Property Tax Rate (Per $100 of assessed valuation)$1.82

*   Projected 2011-12 Fiscal Year

**  As of December 2013.  With the adjustment, Phoenix's bond rating remains the highest of the six largest U.S. cities.