HomeMy WebLinkAboutPackets - Council Packets (93)Council Meeting
Regular Session
April 15, 2015
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Town Council Meeting Announcements
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Upcoming Meetings
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Town of Oro Valley
Recap & Opportunities
April 15, 2015
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$2.1 billion direct travel spending
22,000 travel jobs
$100 million local tax receipts from travelers
Dean Runyan Associates for Arizona Office of Tourism, p. 49, May 2014
Metro Tucson Visitor Industry
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% of % Bed Tax to
Partner Amount Revenue Visit Tucson
Pima County $3,200,000 45% 50%
City of Tucson $2,921,623 41% 33% of base
Oro Valley $175,000 2% 17%
Pascua Yaqui $75,000 1%
Tohono O’odham $75,000 1%
Private $690,850 10%
Total $7,137,473 100%
Visit Tucson 2014-15 Revenue
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July 2014-February 2015
Occupancy: 57.3% (+3.8%)
Rate: $89.19 (+1.4%)
Revenue per Available Room: $52.09 (+5.2%)
Resorts leading the way, up 5.4%, 3.6% and 9.1%, respectively—60%, $145.38 and $88.36.
Source: STR, 3/16/15
Metro Tucson Hotel/Resort Performance
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On pace to meet or exceed all performance measures
24 meetings; 10,560 room nights; $3.4 million impact
27,000 visitors to www.visitorovalley.org
Spent $16,000 cash on Oro Valley tourism initiatives
Generated $566,000 direct spending from 4 sports events
Oro Valley Initiatives
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$3,428,075 – Meetings
$566,241 – Sports event spending
$42,080 – Comp ads/Visit Tucson spending
$4,036,396 – Total Value (July 2014-March 2015)
$175,000 – Town’s investment in Visit Tucson
$23 – Oro Valley’s return for every $1 invested in Visit Tucson
Oro Valley—Return on Investment
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Complete new Oro Valley video & shoot new footage to continue to upgrade www.visitorovalley.org
Maintain Oro Valley’s meetings business
Increase AZ Distance Classic’s room nights
Work with the Town to solicit tourism-related events for Aquatic Center & Town’s golf & tennis facilities
Promote Tohono Chul, new Children’s Museum & other Oro Valley attractions, restaurants & hotels
2015-16 Oro Valley Priorities
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Brent DeRaad, President & CEO
Visit Tucson
bderaad@visittucson.org
www.visittucson.org
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FY 2015/16
Town Manager’s Recommended Budget
April 15, 2015
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Overview
Budget Timeline
Budget Snapshot
Strategic Plan Budget Focus Areas
New Initiatives
Financial Overview
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Budget Timeline
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Budget Snapshot
FY 2015/16 Town Manager’s Recommended Budget
Recommended Budget total = $120,054,653
$13.0 million, or 12%, increase from Adopted FY 14/15 Budget
Increase is due to the following:
$8.4 million budget for new Community Center and Golf Fund
$6.4 million increase in PAG and RTA-funded roadway projects
General Fund surplus of $295,000 and ending fund balance of $10.2 million (31% of expenditures; policy is 25%)
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Strategic Plan Budget Focus Areas
2015 Strategic Plan Focus Areas guided the development of the FY 2015/16 Recommended Budget
Fiscal Responsibility
Communication
Economic Development
Parks, Recreation and Cultural Development
Community Infrastructure and Services
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Fiscal Responsibility
Growth projections
200 Single Family Residential (SFR) permits forecasted
Modest commercial activity growth
$295,000 General Fund surplus to increase contingency reserves
Use of one-time revenues for one-time expenditures
Transfer of $1.9 million in one-time revenues from General Fund to the General Government CIP Fund for capital projects
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Fiscal Responsibility (Continued)
Continued vehicle and computer replacement program
Vehicle set-aside for future replacement - $184,000
Vehicle replacement - $703,000
Computer, server and mobile data computer replacements - $263,000
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Communication
Oro Valley Vista – continued bi-monthly production
Social media use to promote events, activities and provide general Town updates
Coffee with a Cop, Adopt-A-Business, Citizens Police Academy programs
General Plan update efforts continued
Town received Best Public Outreach General/Comprehensive Plan award from Arizona Chapter of the American Planning Association
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Economic Development
Visit Tucson funding capacity of $215,000
Oro Valley Chamber of Commerce funding of $30,000
Continued emphasis on bioscience and high-technology, business attraction and retention
Special events and public/non-profit partnerships
Children’s Museum Oro Valley - $75,000
SAACA - $32,300
Tohono Chul Park - $10,000
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Parks, Recreation and Cultural Development
Community & Recreation Center
New fund included in the FY 15/16 Recommended Budget
$8.1M in operational and capital expenditures
$7.4M in revenues, including 0.5% dedicated sales tax revenues of $2M
Requested staffing of 12.36 FTEs
$120,000 transfer to the General Fund as first of ten annual loan repayments
Steam Pump Ranch capital improvements - $425,000
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Parks, Recreation & Cultural Development (Cont.)
Other park facility improvements totaling $270,000 include the following:
Archery range improvements - $15,000
Honeybee Canyon park signage - $15,000
Large ramada at Naranja Park – $40,000
Parking lot lighting at the Aquatic Center – $200,000
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Community Infrastructure and Services
Four major PAG and RTA-Funded road widening projects
La Cholla, from Lambert to Tangerine ($2M)
Tangerine, from La Cañada to Shannon ($2.86M)
Lambert, from La Cañada to La Cholla ($4.05M)
Naranja, from La Cholla to Shannon ($2M)
Pavement preservation program - $1.35M
Final year of advanced metering infrastructure (AMI) project in the Water Utility - $1.8M
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Community Infrastructure & Svcs (Continued)
Police evidence facility - $1.34M to begin design and possible construction
Community & Recreation Center and golf course facility capital improvements - $1.1M included for ADA, interior and exterior facility and golf course improvements
Multi-use path along Palisades Rd - $284,000 requested from RTA for funding
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New Initiatives
Overseeding of soccer fields - $50,000 for Naranja and Riverfront Parks
Pilot program to outsource park maintenance by replacing two, vacant, full-time parks maintenance positions with contract personnel
Second Arizona Department of Corrections (ADC) crew proposed
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Recommended Budget of $120.1M by category
Financial Overview
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Revenue Projections
Financial Overview (Continued)
General Fund local sales taxes $144,000, or 0.9%, higher than FY 14/15 budget
License and permit revenues $108,000, or 6.0%, higher than FY 14/15 budget due to projected commercial activity
Increase of $125,000, or 1.2%, in state-shared revenues
HURF gas tax revenues $122,000, or 4.4%, higher than FY 14/15 budget
Bed tax revenues flat to FY 14/15 at $950,000, due to anticipated Hilton renovations
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Financial Overview (Continued)
Capital Improvement Program (CIP)
Total CIP projects = $20.7M Town-wide
15-Year CIP total = $272M
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Awards and Accolades
Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award – 7th consecutive year
GFOA Certificate of Achievement for Excellence in Financial Reporting – 21st consecutive year
GFOA Popular Annual Financial Reporting (PAFR) Award – 2nd consecutive year
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