PRESS RELEASE: Oro Valley — October 9, 2017: Axe the Tax, a group of concerned Oro Valley residents opposing the Naranja Park Bond - Proposition 454, will hold meetings to provide Oro Valley residents additional information regarding the proposed property tax. The Town's open house on September 13, 2017, did not provide residents the opportunity to ask their questions in an open forum.
Each meeting will offer a short presentation followed by a question and answer session.
Oro Valley Library
1305 W. Naranja Drive, Oro Valley, AZ
October 12, 2017 -- 4:45 to 5:45 p.m.
October 12, 2017 -- 6:00 to 7:00 p.m.
Golder Ranch Fire Station
355 E. Linda Vista Blvd, Oro Valley, AZ
October 14, 2017 -- 9:00 to 10:00 a.m.
October 14, 2017 -- 10:30 to 11:30 a.m.
Axe the Tax has highlighted that the $17 million Naranja Park Bond would ultimately cost taxpayers a total of $28 million, with interest, over the 20 year life of the bond. As it stands, only $5.6 million will be allocated toward seven sports fields. The majority of the funding will be utilized for infrastructure for a future event center and sports complex which will require an additional bond.
The Town’s recent announcement of a $2 million surplus confirms that Naranja Park sports fields can continue to be built with the “pay as you go” strategy instead of imposing an unnecessary property tax on homeowners and commercial properties. "Pay as you go" has been utilized successfully since 2008 when Oro Valley taxpayers voted against a $48.6 million bond for the Park.
Axe the Tax in Oro Valley stands by its position that the Naranja Park Bond-Proposition 454 is an unreasonable and irresponsible property tax for homeowners and commercial properties when the Town has resources to “pay as you go.”