Oro Valley forecasts tightening finances over next five years; council presses staff on assumptions Town CFO presented a preliminary five‑year forecast that keeps the town structurally balanced but narrows operating surpluses, relies on conservative sales‑tax assumptions, and defers capital projects; councilmembers asked for scenario analyses and clarity on marketplace revenue assumptions.

Oro Valley's financial forecast reveals a tightening budget with potential cuts to capital projects and questions about sales tax revenue, raising concerns about the town's fiscal future.

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House appropriations briefing outlines tighter near‑general‑fund outlook, uses surplus and one‑time transfers to cover shortfalls Budget coordinator Mary Monroe told the House Appropriations Committee that the chair’s substitute for House Bill 22‑89 assumes the February 2026 revenue forecast, removes a statutory 4.5% growth add‑on and relies on a mix of transfers and new revenue assumptions (including a millionaires tax and BSA transfers) to produce modest NGFO reserves while projecting a FY28 shortfall.

Budget coordinator Mary Monroe reveals a challenging near-general fund outlook that relies on a controversial "millionaires tax" and one-time transfers to navigate projected shortfalls.

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