Thursday, April 30, 2009

TREO Offers A New Proposal, But Still Looking For Oro Valley Money

An article in the April 30 Az Star notes that Tucson Regional Economic Opportunities Inc., known as TREO, proposes that local governments consider giving companies a one-time tax credit of up to $2,500 for each full-time, high-wage job filled or created.

There are probably those that may oppose retail giveaways such as the $23.2M to Vestar, but might agree that an enticement to bring Hi Tech jobs to our community has merit. Conversely, others may believe any type of incentive is not in our best interests.

To us, there is a bigger question. At a recent Oro Valley Council meeting, TREO President Joe Snell, and ex OV Economic Dev. Administrator, and now Sr. VP, David Welsh made a presentation. Mr. Snell suggested, due to the terrible economic conditions, Oro Valley might consider dropping our $50,000 donation to TREO, to $45,000.

How magnanimous! Our question is simple and straightforward: What do we get, and what have we gotten for the vast amount of money we've given TREO over the years?

Sure, Tucson has a lot to show for their bucks, but we're Oro Valley, and we believe we get "the short end of the stick."

Bill Garner & Salette Latas met today with a large number of organizations, including TREO----all asking for OUR money. Once the Council decides, it will be interesting to see who gets what, and why.

Here's the Star article.
http://www.azstarnet.com/metro/290870

Az Star Reports On Oro Valley Police Budget Update

The April 30 Az Star reiterates what we reported previously---the apparent agreement that will save police department layoffs.

Read the article here.
http://www.azstarnet.com/sn/85737/290676