“Pay As You Go” Policy
The Oro Valley Town Council decided in November to continue a policy the town has had in effect since the town purchased 45-holes of golf from Hiremath campaign contributor, Humberto Lopez.
The policy relates to how to fund golf course and community center (formerly the “club house”) improvements. The policy is that all improvements should be paid from the existing revenue stream. The revenue stream is 20% of Oro Valley’s sales tax revenues (a "half cent" sales tax levy) plus revenues earned from fees and memberships.
“Pay As You Go” pays for golf and community center improvements
Many, however, don’t understand this option in general or how it works.
We’ve created a one-minute primer that explains what it is and how it is being applied to pay for golf and community center improvements.
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