Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Town presents parks-and-recreation financial analysis showing $3.2M net operating cost for major amenities
Summary
Deputy Finance Director presented a FY24/25 review showing roughly $12.2M in expenditures and just under $9M in revenues for the town's included recreation amenities, yielding a net operating cost of about $3.2M and near $2.9M in capital outlays for those assets.
Town finance staff presented a high-level financial analysis of major parks-and-recreation amenities to the Oro Valley Town Council on April 8, summarizing fiscal-year-24/25 operating revenues, expenditures and capital outlays for the Aquatic Center, Community & Recreation Center (CRC), golf, Steampunk Ranch and several parks.
Deputy Finance Director Ms. Gomez said the analysis focused on current operating costs and excluded long-term items such as depreciation. For the amenities included in the scope, Ms. Gomez reported…
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
