Oro Valley staff report $4.3M shortfall this year; five‑year forecast trims capital and holds reserves Oro Valley’s midyear unaudited financials show a roughly $4.3 million projected general‑fund shortfall driven by weak construction sales tax; staff presented a conservative five‑year forecast that trims capital projects, preserves a 25% reserve policy and assumes RTA Next approval.

Oro Valley faces a daunting $4.3 million shortfall this year as officials unveil a cautious five-year forecast amidst underwhelming construction sales tax revenues.

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Finance Director Gephart reviews fiscal year revenues and expenditures for town funds Total revenues decreased by $2.5 million driven by local sales tax shortfalls.

Oro Valley faces a $2.5 million revenue drop, but strong financial management keeps its fund balance healthy and resilient amidst challenges.

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Oro Valley faces declining shared revenues impacting road maintenance funding Town forecasts a decline in shared revenues affecting capital and road maintenance budgets.

Oro Valley's financial future is at a crossroads as declining shared revenues threaten essential road maintenance and capital projects.

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