Town of Paradise Valley Proposition 427 — Capital Projects Accumulation Fund Exemption (Maricopa County)

Last updated Sat, Nov 7, 4:33 PM ET

Ballot measure · November 3, 2026 · Paradise Valley voters

What it does
SHALL THE TOWN BE ALLOWED TO EXCLUDE CAPITAL PROJECTS AND LAND EXPENDITURES, INCLUDING STREETS, SEWER SYSTEMS, WATER SYSTEMS, AND ALL OTHER CAPITAL IMPROVEMENTS, FROM ITS STATE-MANDATED EXPENDITURE LIMITATION? A “YES” vote shall have the effect of allowing the Town to exclude capital projects and land expenditures from its state-mandated expenditure limitation. A “NO” vote shall have the effect of not allowing the Town to exclude capital projects and land expenditures from its state-mandated expenditure limitation.
A YES vote means
Paradise Valley could exclude capital projects and land spending, including streets, sewer and water systems and other capital improvements, from its state-mandated expenditure limitation.
A NO vote means
Paradise Valley could not exclude capital projects and land spending from its state-mandated expenditure limitation.
Needed to pass
A simple majority: more than half of the YES and NO votes on this measure must be YES. Leaving it blank doesn't count either way.
Left–right lean
Not a left–right issue: a procedural or local question that liberals and conservatives don't typically split on (AI read of the official ballot summary).

The YES and NO lines are SpectrumVote's plain-language reading of the official text above; the official text is what you vote on.

Official text: source

Background

The Paradise Valley Town Council adopted Resolution 2026-02 on February 12, 2026, asking voters to approve a Capital Projects Accumulation Fund, which the Arizona Constitution allows to be exempted from the state expenditure limit with voter approval.

According to the Town's pamphlet, approval would let the Town Council move some or all surplus revenue from future years into a dedicated fund for capital projects, and spending from that fund would not count against the limit; money already in the General Fund balance could not be transferred in.

The Town says the fund would not create new or increased taxes, and that projects would come from its five-year Capital Improvement Program, such as sewer repairs, drainage, power line undergrounding, street and intersection improvements, and police and fire buildings and equipment.

Proposition 427 is separate from Proposition 426; voters may approve either, both or neither. The pamphlet lists no arguments filed against it.

Put on the ballot by Paradise Valley Town Council, February 12, 2026 (Resolution 2026-02; vote not stated).

From official source.

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Quick answers

What does a YES vote on Town of Paradise Valley Proposition 427 mean?
Paradise Valley could exclude capital projects and land spending, including streets, sewer and water systems and other capital improvements, from its state-mandated expenditure limitation.
What does a NO vote on Town of Paradise Valley Proposition 427 mean?
Paradise Valley could not exclude capital projects and land spending from its state-mandated expenditure limitation.
How many votes does Town of Paradise Valley Proposition 427 need to pass?
A simple majority: more than half of the YES and NO votes on this measure must be YES. Leaving it blank doesn't count either way.
Should I vote yes or no on Town of Paradise Valley Proposition 427?
SpectrumVote doesn't endorse anyone or tell you how to vote. Read what a YES and a NO vote each do, and the official text, then decide based on what you want to happen.
When is the vote?
The general election was Tuesday, November 3, 2026. Counts are unofficial until each state certifies its results over the following weeks; your state or county election office has the official results.

Not sure how to decide? Read our nonpartisan guide to the Maricopa County ballot.

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