Oro Valley projects a relatively balanced receipt and spending pattern over the the next five years in the General Fund, which is the fund that pays for day to day town operations. Total spending is projected to exceed total receipts by about $600,000. This is certainly within the projection's estimating error. Highway fund spending is projected to exceed revenue by $1.1 million. The shortfall in both funds is to come from contingency reserves which result at $8.8 million AND $1.7 million by FY 2017 for the general fund and the highway fund, respectively.The operating fund spending projections includes significant spending on capital items, such as replacement of vehicles and computers, according the Stacey Lemos, Town Finance Director.
---
A fresh idea: Oro Valley Resident Tom Komaski suggested, at last weeks Oro Valley Town Council meeting, that Oro Valley divide into districts, with one Council Member elected to represent a district. His feeling is that residents will receive "better" representation as a result.
---
Summer Kick-off Event at the Aquatic Center:
Date: Monday, May 27, 2013
Time: 10 a.m. - 2 p.m.
Location: Oro Valley Aquatic Center, 23 W. Calle Concordia
Join us for free pizza, music and opportunities to register for swim lessons and summer classes and programs! Family Summer Passes will be available for purchase (three-month passes are $155 for Oro Valley residents; $180 for non-residents). Vendor/Instructor informational tents will be set up around the pool. Fitness Partner Program Participants will also be on site to promote dual memberships. (Source: Oro Valley Press Release)
---
We won't be publishing Monday. Its' Memorial Day. Have a great weekend.
---
No comments:
Post a Comment