News and Events

TPT Notice

During the afternoon of May 17th Governor Doug Ducey
signed into law SB1409, changing our TPT world once again!
This change to the current MRRA tax methodology was the result of many meetings, numerous phone calls and a fair amount of adult beverages. While it does not “wave a magic wand” over TPT, it does provide some simplification to the current confusion.

Here's a link to SB1409 in its final form.
NOTE: Effective date is January 1, 2019

Click here for more details and information

Value of Membership

Our Mission is to provide value to our members and community by:

The Valley of the Sun Chapter of Construction Financial Management Association (CFMA) is a broad based organization of professionals committed to serving the construction industry.

We are dedicated to member service by providing a forum for the exchange of ideas and a source of educational programs directed to their specific needs.
We strive to invest in our community through involvement in industry related issues and charitable endeavors.

Upcoming Chapter Events

Contact The Valley of the Sun Chapter

Stephanie Weadock

Chapter Admin


Welcome New Members

Deborah Sita, MRM Construction Services, Inc.

Megan Riley, Fann Contracting, Inc.

Kevin Cummings, Lockton Companies

Nathan Jay Hathcock, Berghoff Design Group

Jennifer Jarrell, FNF Construction

Gregory Michael Sherman, DPR Construction

Lysa Wright, Contractors Capital Solutions, LLC

Todd Klimas, Wilson Electric Services Corp.

Justin Rarick, MJ Insurance

Chapter Discussions

  • Our research into this a few years back was a "yes", and is supported by an old tax ruling (TPR 02-2) where they note: Storm water drainage system . . . is "Not Taxable". There was some discussion at the time about manufacturing the culvert at the site, ...

  • One of our estimators says that Box Culverts qualify as exempt under the large water pipe TPT credit. I can't find anything from ADOR as to exactly what qualifies but some other opinions show that pipes, valves, and anything that is used in operating ...

  • Next week is National Suicide Prevention Week and there are many things that workplaces can be doing to promote the Zero Suicide initiative and eliminate the stigma surrounding suicide and mental illness.  Here are few things that we are doing at SSC, ...

  • VoS Chapter, BBVA Compass is putting on an event with the Phoenix Business Journal on Tuesday, September 11th. The event will be centered around a panel discussion on leveraging technology in business, followed by a cocktail reception. Should be informative, ...