Oro Valley Town Manager Mary Jacobs has recommended a record setting town budget of $143.2 million for Fiscal 2019. The fiscal year begins this July 1. The town will hold public hearings on this budget in June.Last week, we posted the "Big Picture." This week we focus on the Oro Valley budget and how it has grown over the past 8 years. This time, we compare the year to year change in the budget with the inflation. Theoretically, the budget that increases by the rate of inflation is said to be "holding its own." One that is increasing at a rate greater than the inflation rate is said to be growing, in real dollar terms. The following compares the two. Is the Oro Valley budget "holding its own" or is it growing faster than the rate of inflation?
Budget v Inflation
