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HomeMy WebLinkAboutPackets - Council Packets (1722)Town Council Meeting Regular and Special Session June 15, 2022 Town Council Meeting Announcements Upcoming Meetings Meetings are subject to change. Check the Town website for meeting status. Stormwater Utility Commission Meeting June 16 at 4 p.m. Hopi Conference Room Budget and Finance Commission Regular Session June 21 at 4p.m. Council Chambers Board of Adjustment –CANCELED June 28 at 3 p.m. Council Chambers Planning and Zoning Commission –CANCELED July 5 at 6 p.m. Council Chambers Town Council Regular Session July 6 at 6 p.m. Council Chambers Town Council Meeting Regular and Special Session June 15, 2022 Before After Vista Del Oro Wash Canyon Shadows Wash Before After Town Council Meeting Regular and Special Session June 15, 2022 Fiscal Year 2021/22 Financial Update Through April 2022 June 15, 2022 GENERAL FUND REVENUES REVENUE SOURCE Budget Actuals Thru 4/2022 % of Budget Year -End Estimate Notes Local Sales Taxes $ 21,157,707 $ 20,740,860 98.0%$ 26,070,335 Trending higher than expected; continued growth and strong recovery in categories impacted by COVID. State Shared Revenues 13,729,923 12,250,040 89.2%14,271,621 Trending higher than expected; new Smart & Safe funds received this year. Charges for Services 2,387,776 2,177,972 91.2%2,514,733 Trending higher than expected; improvement in recreation revenue. Licenses & Permits 1,849,000 2,136,446 115.5%2,381,500 Trending higher than budgeted due to several large commercial projects; SFR permits, which slowed considerably for first half of year, now picking up. Grant Revenue 6,065,290 3,613,696 59.6%6,143,448 Year -end estimate includes amount of American Rescue Plan Act (ARPA) funds recognized this year. All Other 1,883,500 1,477,441 78.4%1,888,525 Includes other intergovernmental revenue, interest income and miscellaneous revenue. TOTAL GENERAL FUND REVENUES $ 47,073,196 $ 42,396,455 90.1%$ 53,270,162 Budget variance due to outperforming sales tax collections, state shared revenue and permit revenue. GENERAL FUND EXPENDITURES EXPENDITURE CATEGORY Budget Actuals Thru 4/2022 % of Budget Year -End Estimate Notes Personnel $ 30,775,632 $ 23,645,835 76.8%$ 29,547,575 Year to date actuals are slightly below budget due to timing of payroll and vacancy savings. Reduced year-end estimate due to personnel vacancies in several departments. Operations & Maintenance 21,981,773 18,257,205 83.1%22,098,831 Includes $10M PSPRS payment from reserves. Added Smart & Safe funds to year-end estimate. Capital 1,095,175 395,388 36.1%666,219 Budget includes Westward Look improvements; IT needs and Parks & Recreation improvements. Added Smart & Safe funds to year-end estimate. Transfers Out 7,408,264 4,424,073 59.7%6,262,832 Actuals reflect a transfer for debt service and budgeted transfers to the Capital Fund. No principal payment due in FY 21/22 for pension obligation bonds. TOTAL GENERAL FUND EXPENDITURES $ 61,260,844 $ 46,722,501 76.3%$ 58,575,458 Budget variance mainly due to debt service transfer for pension obligation bonds. Budgeted Use of Fund Balance: ($14.2M) Estimated Use of Fund Balance = ($5.9M) Estimated Ending Fund Balance: $26.5M 49.2% of budgeted expenditures Exceeds Council 25% Policy by $13.0M GENERAL FUND $41.3M $33.4M $42.4M $46.7M$47.1M $61.3M $M $10M $20M $30M $40M $50M $60M $70M Revenues Expenditures General Fund FY 21/22 Through April PY Actual CY Actual CY Budget HIGHWAY FUND REVENUES REVENUE SOURCE Budget Actuals Thru 4/2022 % of Budget Year -End Estimate Notes Licenses & Permits $ 25,000 $ 24,776 99.1%$ 30,000 Trending above budget at this time. State Shared Revenues 3,614,922 3,228,827 89.3%3,870,000 Trending higher than expected. All Other 8,000 15,165 189.6%16,000 Additional revenues attributable to insurance recoveries and interest income. TOTAL HIGHWAY FUND REVENUES $ 3,647,922 $ 3,268,768 89.6%$ 3,916,000 Expected to exceed budget due to additional HURF revenues. HIGHWAY FUND EXPENDITURES EXPENDITURE CATEGORY Budget Actuals Thru 4/2022 % of Budget Year -End Estimate Notes Personnel $ 1,208,870 $ 950,314 78.6%$ 1,188,023 Trending slightly lower than expected; % of budget reflects timing of payrolls; slight savings projected. Operations & Maintenance 616,655 428,574 69.5%616,655 Trending as expected; larger line-items include striping, field supplies, electricity and traffic signal maintenance. Capital 2,265,000 2,009,657 88.7%2,265,000 Trending as expected; timing of pavement preservation program. TOTAL HIGHWAY FUND EXPENDITURES $ 4,090,525 $ 3,388,545 82.8%$ 4,069,678 Slight savings in personnel projected for year-end. Budgeted Use of Fund Balance: ($443,000) Estimated Use of Fund Balance = ($154,000) Estimated Ending Fund Balance: $1.1M HIGHWAY FUND $3.1M $2.5M $3.3M $3.4M $3.6M $4.1M $.0M $.5M $1.0M $1.5M $2.0M $2.5M $3.0M $3.5M $4.0M $4.5M $5.0M Revenues Expenditures Highway Fund FY 21/22 Through April PY Actual CY Actual CY Budget COMMUNITY CENTER FUND REVENUES REVENUE SOURCE Budget Actuals Thru 4/2022 % of Budget Year -End Estimate Notes Contracted Operating Revenues $ 3,622,385 $ 4,148,729 114.5%$ 4,474,329 All revenues sources trending higher than expected. Strong performance particularly in golf revenues and member dues. Town Operating Revenues 697,480 1,094,134 156.9%1,208,500 Exceeding budget in member dues, recreation program revenue, facility rental income and daily drop-ins. Other Revenues 3,078,400 3,109,751 101.0%3,633,460 Includes 1/2 cent sales tax revenues, HOA contributions, interest income and other miscellaneous revenues. Higher than expected local sales tax. TOTAL COMM. CENTER FUND REVENUES $ 7,398,265 $ 8,352,614 112.9%$ 9,316,289 Total revenues projected to exceed budget by $1.9 million or 25.9%, due to sales tax, fitness and recreation program revenue, and golf revenue. COMMUNITY CENTER FUND EXPENDITURES EXPENDITURE CATEGORY Budget Actuals Thru 4/2022 % of Budget Year -End Estimate Notes Contracted Operating Expenditures $ 4,701,528 $ 3,801,981 80.9%$ 4,510,501 Trending better than expected. O&M and personnel costs are expected to come in under budget by $144,000 and $101,000 respectively, per contractor. Town Operating Expenditures 1,086,581 842,687 77.6%1,122,436 Estimating higher than previously expected due to additional grounds maintenance costs. Capital Outlay 132,500 92,782 70.0%132,500 Projected on budget at this time. Transfers Out 1,868,519 168,519 9.0%315,658 Actuals reflect transfers for debt service. Interest only payment due on Parks & Rec bonds. TOTAL COMM. CENTER FUND EXPENDITURES $ 7,789,128 $ 4,905,969 63.0%$ 6,081,095 Budget savings of $1.6 million in transfers out. Outperformance in contracted operating expenditures. COMMUNITY CENTER FUND Budgeted Use of Fund Balance: ($0.4M) Estimated Surplus: $3.2M Estimated Ending Fund Balance: $5.9M $6.3M $4.5M $8.4M $4.9M $7.4M $7.8M $M $1M $2M $3M $4M $5M $6M $7M $8M $9M Revenues Expenditures Community Center Fund FY 21/22 Through April PY Actual CY Actual CY Budget MONTHLY FINANCIAL UPDATE QUESTIONS? Town Council Meeting Regular and Special Session June 15, 2022 Five-Year Financial Forecast June 15, 2022 OVERVIEW General Fund, Highway Fund, Capital Fund, and Community Center Fund Snapshot based upon known current information Serves as planning document for future budgets Forecast is updated annually as part of the budget process Sources: University of Arizona, AZ Department of Revenue, Joint Legislative Budget Committee, AZ Department of Transportation, as well as the knowledge, expertise and professional judgment by Town management and staff GENERAL FUND SOURCES -ASSUMPTIONS Assumes continued economic recovery with no major economic downturns All revenue sources at or above pre-pandemic levels Continued growth of 3-5% in most local sales tax categories Construction sales tax and permitting revenues reflect continued, stable activity in near term, with slight declines beginning FY 2026/27 due to reduced available land for new development Conservative, status quo commercial permitting activity forecast Single family residential permits State shared revenues One-time increase in FY 2022/23 due to filing deadline extension in 2020 Increase in FY 2023/24 attributable to state allocation adjustment from 15% to 18% Income tax rate reduction and cap of 2.5% expected to affect FY 2024/25 onward FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected 171 232 328 210 84 78 GENERAL FUND SOURCES -FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected SOURCES Taxes 26,070,335$ 25,270,959$ 26,590,131$ 27,519,371$ 28,241,563$ 28,925,823$ 29,643,113$ State Shared Revenue 14,271,621 17,605,693 20,316,178 19,734,694 20,348,199 20,941,110 21,545,758 Charges for Services 2,514,733 3,046,515 3,155,553 3,246,630 3,331,573 3,418,720 3,509,098 Licenses & Permits 2,197,500 2,223,824 2,352,884 2,427,924 2,359,413 1,896,287 1,871,813 Intergovernmental 1,364,700 1,613,000 1,628,480 1,644,115 1,659,906 1,675,855 1,691,964 Grants 6,143,448 455,000 459,550 464,146 468,787 473,475 478,210 Miscellaneous 248,825 249,000 261,450 271,908 282,784 294,096 305,860 Fines 125,000 125,000 131,250 132,563 133,888 135,227 136,579 Interest Income 150,000 150,000 151,500 153,015 154,545 157,636 160,789 Total Sources 53,086,162 50,738,991 55,046,975 55,594,365 56,980,658 57,918,228 59,343,182 GENERAL FUND GENERAL FUND USES -ASSUMPTIONS Employee merit and Police step increases included in all years of forecast Modest capacity for new FTEs Continued capacity for normal increases in employee-related personnel costs (ERE) Continuation of PSPRS payments at 41.65% until FY 24/25, with a 30% decrease expected O&M assumes current service levels and ongoing inflation Transfers for CIP projects assumed at 5% of sales tax collections per Town Council financial policies, plus all fund balance over 25% reserve GENERAL FUND USES -FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected USES Personnel 30,147,575 34,926,773 36,106,538 35,517,801 36,251,183 37,273,520 38,495,493 O&M 22,053,707 11,809,548 11,955,654 12,447,574 12,868,034 13,187,931 13,518,660 Capital Outlay 666,219 1,387,725 770,000 830,397 826,266 569,502 568,639 Transfers Out 6,262,832 16,446,977 6,539,074 6,807,698 6,747,747 6,615,909 6,372,430 Total Uses 59,130,333 64,571,023 55,371,266 55,603,470 56,693,230 57,646,861 58,955,222 Surplus/(Use of Fund Balance)(6,044,171) (13,832,032) (324,291) (9,105) 287,428 271,367 387,960 Beginning Fund Balance 32,408,542 26,364,371 12,532,339 12,208,048 12,198,943 12,486,370 12,757,738 Ending Fund Balance 26,364,371$ 12,532,339$ 12,208,048$ 12,198,943$ 12,486,370$ 12,757,738$ 13,145,698$ Reserve as % of Expenditures 44.6%26.0%25.0%25.0%25.0%25.0%25.0% GENERAL FUND GENERAL FUND FORECAST $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $50,000,000 $55,000,000 $60,000,000 $65,000,000 $70,000,000 FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected General Fund Sources, Uses and Fund Balance USES SOURCES FUND BALANCE HIGHWAY FUND SOURCES -ASSUMPTIONS Arizona Department of Transportation forecasts moderate growth, about 4%, in highway user gas tax (HURF) revenues Other revenue sources assume modest and incremental growth Transfers in from the Capital Fund supplement HURF revenues for roadway projects identified in the tentative, ten-year CIP First Avenue mill/overlay -$1.7 million La Cañada bridge deck repair -$2.3 million Tangerine Road mill/overlay -$2.6 million HIGHWAY FUND SOURCES -FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected SOURCES State Shared Revenue 3,870,000$ 4,127,100$ 4,296,797$ 4,470,613$ 4,646,900$ 4,822,363$ 5,001,122$ Licenses & Permits 30,000 25,000 25,250 25,275 25,781 26,296 26,822 Interest Income 8,000 8,000 8,080 8,161 8,242 8,407 8,575 Miscellaneous 5,069 3,000 3,150 3,276 3,407 3,543 3,685 Transfers In from Capital Fund - - 1,000,000 2,000,000 2,000,000 2,000,000 - Total Sources 3,913,069 4,163,100 5,333,277 6,507,325 6,684,330 6,860,610 5,040,205 HIGHWAY FUND HIGHWAY FUND USES -ASSUMPTIONS Personnel and O&M figures reflect similar assumptions to General Fund Pavement preservation funding is included at $1.9 –$2.4 million per year Capital outlay reflects ten-year, tentative CIP schedule HIGHWAY FUND USES -FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected USES Personnel 1,188,023 1,190,057 1,284,923 1,305,219 1,324,846 1,350,863 1,377,232 O&M 616,655 823,615 824,796 874,283 900,512 918,522 932,300 Capital Outlay 2,265,000 2,626,000 2,940,000 4,835,000 4,383,000 4,744,000 2,207,000 Total Uses 4,069,678 4,639,672 5,049,719 7,014,502 6,608,358 7,013,385 4,516,532 Surplus/(Use of Fund Balance)(156,609)(476,572)283,557 (507,178)75,972 (152,775)523,673 Beginning Fund Balance 1,242,978 1,086,369 609,797 893,354 386,177 462,149 309,374 Ending Fund Balance 1,086,369$ 609,797$ 893,354$ 386,177$ 462,149$ 309,374$ 833,046$ HIGHWAY FUND HIGHWAY FUND FORECAST $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected Highway Fund Sources, Uses and Fund Balance USES SOURCES FUND BALANCE CAPITAL FUND SOURCES -ASSUMPTIONS Capital Fund is supported by General Fund transfers, vehicle reserves for fleet replacements, bond proceeds and grants 1-2% growth for miscellaneous revenues, including sale of assets and insurance recoveries Non-enterprise fund vehicle reserves charged to General Fund based on replacement cost of each vehicle over useful life and includes 5-6% cost inflation Transfers annually from the General Fund reflect 5% of sales tax and excess fund balance over 25% reserve $2.1 million transfer from the Community Center Fund in FY 22/23 for golf course irrigation CAPITAL FUND SOURCES -FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected SOURCES State Grants -$ 420,000$ -$ -$ -$ -$ -$ Bond Proceeds 25,367,224 - - - - - - Miscellaneous 255,227 225,000 227,250 229,523 231,818 236,454 241,183 Vehicle Reserves 741,010 820,010 892,061 908,073 925,046 942,529 960,361 Transfers from General Fund 5,216,277 13,500,000 4,257,431 4,528,518 4,469,314 4,648,750 4,548,945 Transfer from Community Center Fund - 2,057,314 - - - - - Total Sources 31,579,738 17,022,324 5,376,742 5,666,114 5,626,178 5,827,733 5,750,489 CAPITAL FUND CAPITAL FUND USES -ASSUMPTIONS Two temporary CIP project managers through FY 23/24; one in FY 24/25 through FY 25/26; no personnel costs after FY 25/26 Capital outlay reflects ten-year, tentative CIP schedule, excluding the new police station as specific funding has not yet been identified New vehicle purchases (in addition to replacements) assumed at one patrol vehicle and two other vehicles annually 5-6% inflation for vehicle replacements Transfers out to the Highway Fund for roadway CIP projects CAPITAL FUND USES -FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected USES Personnel 111,824 261,962 269,862 134,931 134,931 - - Capital Outlay 5,379,649 28,673,613 14,300,542 6,153,763 2,315,154 4,126,676 5,397,937 Transfers to Highway Fund - - 1,000,000 2,000,000 2,000,000 2,000,000 - Total Uses 5,491,473 28,935,575 15,570,404 8,288,693 4,450,085 6,126,676 5,397,937 Surplus/(Use of Fund Balance)26,088,265 (11,913,251)(10,193,662)(2,622,580)1,176,092 (298,943)352,552 Beginning Fund Balance 2,504,028 28,592,293 16,679,042 6,485,380 3,862,800 5,038,892 4,739,949 Ending Fund Balance 28,592,293$ 16,679,042$ 6,485,380$ 3,862,800$ 5,038,892$ 4,739,949$ 5,092,501$ CAPITAL FUND CAPITAL FUND FORECAST $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected Capital Fund Sources, Uses and Fund Balance USES SOURCES FUND BALANCE COMMUNITY CENTER FUND SOURCES -ASSUMPTIONS Local sales tax figures follow same growth as General Fund for relevant categories Operations assumed on 18 holes for six months of the year in FY 2022/23 and FY 2023/24 for irrigation project Conservative 1% growth for Parks & Recreation related revenues to account for potential discretionary spending decreases as result of inflation HOA contributions end after FY 2024/25, upon completion of five-year contracts COMMUNITY CENTER FUND SOURCES -FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected SOURCES Taxes 3,430,364$ 3,477,236$ 3,658,752$ 3,786,613$ 3,885,985$ 3,980,138$ 4,078,836$ Charges for Services 5,396,499 4,868,049 4,968,794 4,996,194 5,662,211 5,774,272 5,873,771 Miscellaneous 177,981 162,050 170,153 176,959 25,037 26,038 27,080 Total Sources 9,004,844 8,507,335 8,797,698 8,959,766 9,573,234 9,780,449 9,979,687 COMMUNITY CENTER FUND COMMUNITY CENTER FUND USES -ASSUMPTIONS Personnel and O&M figures reflect similar assumptions to General Fund Contracted expenditures include Pusch 9-hole course Capital outlay reflects ten-year, tentative CIP schedule $100K annually for Vistoso Trails Nature Preserve maintenance $100,000 -$250,000 annually for building improvements and minor assets (non-CIP) Debt service transfers for Parks and Recreation bonds and energy efficiency bonds $2.1 million transfer to the Capital Fund in FY 2022/23 to fund golf course irrigation COMMUNITY CENTER FUND USES –FORECAST Town of Oro Valley Five-Year Forecast FY 21/22 Estimated FY 22/23 Tentative FY 23/24 Projected FY 24/25 Projected FY 25/26 Projected FY 26/27 Projected FY 27/28 Projected USES Personnel 891,376 916,806 1,000,570 1,033,586 1,065,951 1,099,761 1,134,725 O&M 4,681,634 5,498,918 5,585,263 5,704,727 5,800,880 5,890,170 5,969,227 Capital Outlay 132,500 2,666,700 1,464,500 495,000 761,500 350,000 1,600,000 Transfers Out 315,658 4,085,380 1,717,203 1,717,149 1,716,268 1,717,435 1,711,661 Total Uses 6,021,168 13,167,804 9,767,536 8,950,462 9,344,599 9,057,366 10,415,613 Surplus/(Use of Fund Balance)2,983,676 (4,660,469) (969,838) 9,304 228,635 723,083 (435,926) Beginning Fund Balance 2,676,793 5,660,469 1,000,000 30,162 39,466 268,101 991,183 Ending Fund Balance 5,660,469$ 1,000,000$ 30,162$ 39,466$ 268,101$ 991,183$ 555,257$ COMMUNITY CENTER FUND COMMUNITY CENTER FUND FORECAST Questions? Town Council Meeting Regular and Special Session June 15, 2022 TRANSPORTATION ART BY YOUTH ORO VALLEY 2022 Southern Arizona Arts & Cultural Alliance A project funded by the Pima Association of Governments, with support from the Town of Oro Valley Project administration by the Southern Arizona Arts & Cultural Alliance HISTORY OF THE TABY PROJECT New public art installed along transportation improvements not only beautifies the region’s landscape, it also offers an opportunity for youth artists to showcase their skills and gain valuable work ethic through Pima Association of Governments’ Transportation Art by Youth program. WWW.SAACA.ORG STUDENTS •Kat Trahan •Isabel Corona Wadleigh •Grace Sun •Shelby Fredrickson •Josiah Tucker •Mackenzie Shniderman •Claire Hartigan •Ema Aros •Micah Carlson •Jacob Schoene •Christian Jones TEACHING ARTISTS •Angie Hitt (Mosaic & Primary Teaching Artist) •Ignacio Garcia (Muralist) •Eric Richardson (Project Manager) HOW DID WE GET HERE •Learning: Exposure to past and public art projects that function as community activation opportunities. Students also learned more about their strengths, and how to apply the lessons learned from this project into their professional careers. •Community Feedback: Listening to the Oro Valley Community through information gathering. Over 35 surveys were submitted by a diverse group of residents and community leaders. Their feedback was incorporated into the final design. •Discussion: Learning positive communication skillsets •Creative Conceptualization: Working with artists and in groups to conceive a public art piece that is both reflective of the community, functional in its space, as well as meaningful to you. PROJECT INTRODUCTION HOW THE STUDENTS AND TEACHING ARTISTS LANDED ON A FINAL DESIGN PROJECT MOVING FORWARD WHAT HAPPENS NOW •Planning: Creating a planning calendar that includes supplies, materials, fabrication and installation objectives •Creative: Utilizing skillsets in mixed media to creatively conceptualize a finished piece of public art, ideation, digital design, renderings, etc •Community Outreach & Media: Planning PR, Social Media, Ribbon Cutting, Press Release Writing, Community Outreach •Personal Journaling: Students are given daily journal prompts to expand and reflect on the development of their skillset ADDITIONAL SKILLSETS THAT WILL BE LEARNED Marketing & Communications Applied Artistic Practice Project Management & Construction Fundamentals 2022 PROJECT SITE DESIGN –MAIN WALL 791 W Tangerine Rd THEME DAY to NIGHT The wall is located at the future main entrance of the Naranja Park The project will be mainly utilizing a large mural to cover the wall, with mosaic highlights and designated bench space 2022 PROJECT SITE DESIGN-SECONDARY WALL 791 W Tangerine Rd 2022 PROJECT INTERACTIVE QUALITIES •Hidden images placed throughout mural to create a “seek and find” for those interacting up close. •QR codes will be printed on tiles within the mural, linked to a website with facts, history, summary of project by students, both audio recording and text will be accessible from the QR code. •Seating Element: By placing the bench strategically it can be a “selfie spot” for those walking, running or biking THANK YOU TO THE TOWN OF ORO VALLEY PUBLIC WORKS, PARKS & RECREATION, AND COMMUNICATIONS STAFF FOR SUPPORTING THIS PROJECT! PLEASE JOIN US ON JULY 27 FOR A PROJECT UNVEILING AND DEDICATION RECEPTION Town Council Meeting Regular and Special Session June 15, 2022 FY 2022/23 Final Budget Adoption June 15, 2022 FY 2022/23 FINAL BUDGET Tentative Budget adopted on June 1, 2022 which set the expenditure limitation of $147,704,287 Per Council direction, final budget includes $2,057,314 transfer from of the Community Center Fund to the Capital Fund to be used for the golf course irrigation capital project, leaving a $1 million fund balance in the Community Center Fund Budget remains unchanged Adoption of Final Budget includes approval of 10-Year Capital Improvement Program (CIP) Council has authority to amend budget throughout the fiscal year FINAL NOTES AND NEXT STEPS Establish the overall expenditure limitation at $147,704,287 Publish Final Budget figures as required by the State of Arizona’s Auditor General’s Office Budget will be submitted to the Government Finance Officers Association (GFOA) for consideration of the Distinguished Budget Presentation Award Budget reflects the careful allocation of available resources Questions? Town Council Meeting Regular and Special Session June 15, 2022