Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Town manager recommends $156.4M FY24-25 budget emphasizing water capital and pavement preservation
Summary
Oro Valley's town manager presented a $156.4 million recommended budget for FY24-25 that shifts capital toward water system investments tied to the Northwest Recharge Recovery and Delivery System, maintains a $53.1 million general fund (down 4.1%), and requests $3.2M for pavement preservation along with funding for community center and parks projects.
The Oro Valley Town Manager's recommended budget for fiscal year 2024-25 totals roughly $156.4 million, with the general fund at approximately $53.1 million, a 4.1% decrease from the prior year, staff told the Town Council at a May 8 study session. Town Manager Wilkins said the plan reflects reduced state shared revenue and inflationary pressures that are expected to persist over the next two years.
The recommended capital improvement program (CIP) totals about $45.8 million for the coming year, with nearly 30% of the overall budget identified as capital spending. Management analyst Carl…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
