The Oro Valley Town Council will consider revenue options. At the March 15 council meeting, Council unanimously approved a 60 day public notice for a future discussion of revenue options.
The revenue options that will be considered include a change in the sales tax and two new taxes: a commercial property rental tax and a residential property rental tax.
Council Member Mary Snider supported the motion because there is a specific project that the town is considering and a discussion of revenue options is essential to that project. This project requires funds from a new revenue source.
Snider did not specify the project. Perhaps it is the community center or new ball fields that council members have mentioned. Perhaps it is something entirely different. We shall see.
Some revenue sources require voter approval. For example, voters must approve a property tax, electric or gas utility franchise fees, or a residential rental tax.
Changes in existing sales taxes do not voter approve. These sales taxes include a utility tax, construction taxes, bed tax, general retail tax and a commercial property rental tax.
"Sales taxes is something people watch,," cautions Oro Valley resident Bill Adler. "Among other things, when moving. People who can afford to live wherever they want aren't going to be affected. Most people may shop at Foothills Mall and the Wall Mart there if the sales tax is lower. If the construction sales tax is included, companies could look for other sites in other communities, so there is risk with any kind of tax increase.