Town Council Proposes New Tax Categories for Public Safety and Capital Projects

Oro Valley officials are considering new tax proposals aimed at bolstering the town's financial stability and enhancing public safety services. During a recent Budget and Finance Commission meeting, discussions highlighted the potential impact of these taxes on local businesses and residents.

The proposed taxes include a commercial rental tax and a telecommunications tax. For instance, a $100 monthly rental for a storage facility could see an additional charge of $2.50, while a $50 cell phone bill might incur an extra $1.25. These incremental costs are designed to diversify town revenues and support essential capital projects.

Key benefits of the new tax categories were emphasized, including improved public safety response and the ability to withstand economic shocks. The funds generated would be earmarked for critical needs such as a new police facility, ongoing police vehicle maintenance, and road repairs. The town council recently approved the purchase of a new police facility, underscoring the urgency of these funding initiatives.

Officials noted that these measures would also help protect Oro Valley from potential adverse changes in state revenue-sharing formulas, which could threaten local budgets. As the town navigates its financial future, these proposed taxes aim to ensure that Oro Valley remains competitive and well-equipped to meet the needs of its residents.