The Oro Valley Town Council held its regular session on September 17, 2025, where the primary focus was the presentation of the town's monthly financial report for the fiscal year ending June 2025. The report, which is still subject to audit, highlighted several key financial trends and outcomes.

Total revenues for the general fund decreased by approximately $2.5 million compared to the previous fiscal year, primarily due to lower local sales tax collections and state shared revenues. The report indicated that total revenues were 99% of the budget, resulting in a shortfall of about $432,000. Notably, local sales tax revenues were identified as the main contributor to this shortfall.

In terms of expenditures, the town managed to reduce total outlays by about $2.56 million compared to the prior year, largely due to lower transfers out of the fund. Personnel costs decreased by $104,000, while operational and maintenance expenses exceeded the previous year's figures by $585,000. Overall, the town's expenditures came in at 94% of the budget, reflecting effective management of resources.

The report also noted a decrease in the fund balance by approximately $1.07 million, with an estimated ending fund balance of around $21 million, which exceeds the town's reserve policy by $6.4 million.

Further analysis revealed that while local sales tax collections showed mixed performance across categories, overall collections were at 93% of budget, leading to a shortfall exceeding $2 million. State shared revenues were also underperforming compared to the previous year, although this was anticipated and accounted for in the budget.

The community center fund reported strong performance, with total revenues exceeding budget by 113%, resulting in a surplus of $1.4 million. Golf operations also saw an increase in revenues, with rounds played surpassing the previous year by over 8%.

The meeting concluded with discussions on the town's capital fund and water utility fund, both of which showed varying degrees of performance against budget expectations. The water utility fund, for instance, reported a significant increase in revenues due to higher water sales, while expenditures were managed effectively to remain under budget.

Overall, the financial report presented a mixed picture of Oro Valley's fiscal health, with some areas of concern regarding revenue shortfalls, balanced by effective expenditure management and strong performance in specific funds. The council plans to continue monitoring these trends as they finalize the fiscal year.