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HomeMy WebLinkAboutHistorical Records - Incorporation (15) I ) L / 1,,tr's Town of Oro Valley Fiscal Year 1975 c'7,5-1' Preliminary 3udget Estinz,teC., ,P 0 $0 < DO Ex',nenditures Town Clerk and Council — -) $5750- ve Town Attorney 6550- Planini ng & Zoning g ___—_,_ __ / olce f-_-,-— . Sege 150r (1) 1 -'- 2I Road aintenance 0 700 25 Election Lt' Y.A4u30 (3 .G. ' ,....-- - . --" -----) Bidg, Code 1•-• ------ ON Interirq Budget carry fwd. 4200- < ......- ._/ Contingencies 5000- /r u Total $.5.370-T-5-: ($93645-) / _ 2--5--a " -- , - Revenues (4) by 6,4 ,....___..._ Vehicle Lieu :',i, 3645 Gasoline 9700- (5) , State Sales i22 State Revenue Sharing 8630jui,ro- -,„( Federal Revenue Sharing - A.,.._._____ Total shared taxes 4,,41453- 41453- 'PVC-3 Lb-1p ' icit before_22per ($52102-) ) ,.., Procsed Property Tax $52102-(6) $52102 Balance y, 0 ....,,....._, ,_,..7„,..........._.,... (q4 ) Based on preliminary discussions with county officials These are not firm figua-es and do not reprEsent a committment by Pima county. Actu,0 contract costs must be negotiated between Beard of Supervisors ;and Council „, (2) Special fund. Expenditures equal revenues. (3) Eased on preliminary discussion with PAG Director. Actual cost must be negotiated with other P.A.G. members. (4) Shared revenue breast is based on anticir.ated results of overlay type census. (5) Gasoline tax revenues are based on recent change in law. This figure 453 approximately $3400 over previous estimates. These funds\require soecial accounting and must be spent on roads and streets. (E) Naximum allowable tax under law is $2.73 11)er $100 assessed valuation. This figure represents aonroximately $2*23 per :.,100 assessed valuation. Yaximum revenue obtainablePchrou7h this source based on prescnt valuation , under current law would be approximately $63,350. (7) See comments on raS. Next page. ----, ---- ,--- :'-n---,---- --'-',1'750,71-- ' N 6 Resuma of exnenditures by :Parlet4-01,:a4, areas, Personnel Costs ( Attorney and Clerks office) Equient C Of'ice) 175 SupolAns and Postage ( Clerk, P&Z, Engineer) 2725- , Contracted services ( Police, sewage, roads, PAG, printing, etc.) 70350 Census 1200 Election 500- Insurance )1 onding of officers 150 Interim budget carry fwd. 490C, Contingencies (All departments) 5000 Miscellaneous ! Comments 1/ Since certain revenu33 are not included in computation of %10 incremental increase of ellpenditures allowed each year under Arizona state law, maximum allowable increase for FY 1976 will be about $8300, / The town is approaching its statutory limit for raising revenue. In,-reacos in any one area will necessarily reduce funds for other areas and reduction in services will occur. 3/ Extensive volunteer assistance from the citizens will he required in all departments if thls budget is to work. Many areas require extertiss that is not generally available. Accordingly, a deterioration in the quality of some services must be expected. To minimize this, volunteers should be recruited on the basis of dedicated service for an extended period whenever possible and in all cases must be fully arrised of the soo-ne and importance of their dutles. 4/ implementation of MJ E5 would eliminate the ,cost of sewage contract.However, ' reduction in town budget will b3 offset by ad valorem tax ass\essed by county of 410 per $100 ass'essed valuation on real property and membership fee in NUMB of estimated $10,000. After all adjustments, cost to citizens of ORO Valley will be about 19,1430for sewage. Net reduction in town budget would be $5000. Additional county taxes will be VANkl. $9430, 2