By a 6-0 vote, the Oro Valley Town Council approved the "tentative budget" for 2012/2013. This is an approval of the total spending limit which is approximately $95 million. Included in this budget is a surplus of $75,000, which is designated for use by Council as it sees fit. You can click here to get a copy of the budget.
The $95 million represents spending on everything the town does:
- The running of a water company
- The construction and maintenance of our roads
- Funds spend to retire and service (pay interest on) debt
- Town operations
One of the budgets to which we usually refer, because it is controllable by the Council, is the budget for Town operations. "The recommended General Fund budget totals $26.8 million." (Source: Town Manager's Recommended Budget, page vi). The Police budget (Page 166 of document, though the page number is shown as 156) is $11.8 million, or 44.02% of this fund. Police represent 38.3% of the 344 town employees.
Included in the sources of this fund are two important line items:
- $789,000 budgeted for transit service reimbursement from the RTA
- $613,000 in revenue budgeted from the Pima County Library District to fund 100% of
library operations from July 1, 2012 through December 31, 2012
Another fund of interest is the bed tax fund. It is here that the town funds some of its economic development positions and its contributions to TREO, MTCVB and Greater Oro Valley Chamber of Commerce.
The budget line items will be discussed and subjected for vote at the May 16, 2012 Town Council meeting.
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