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HomeMy WebLinkAboutPackets - Council Packets (1837)Town Council Meeting
Regular and Study Session
December 6, 2023
Town Council Meeting
Announcements
Upcoming meetings
Meetings are subject to change. Check the Town website for meeting status.
Water Utility Finance Subcommittee
December 11 at 9:00 a.m.
Water Utility Conference Room
Water Utility Commission -CANCELLED
December 11 at 5:00 p.m.
Board of Adjustment Special Session -CANCELLED
December 18 at 3:00 p.m.
Budget and Finance Commission Regular Session
December 19 at 4:00 p.m.
Council Chambers
Neighborhood Meeting:
Rezone & Development Plan Vistoso Highlands Drive
December 20 at 6:00 p.m.
Council Chambers
Stormwater Utility Commission Meeting -CANCELLED
December 21 at 4:00 p.m.
Town Council Regular Session*
January 10, 2024, at 6:00 p.m. (2nd Wednesday)
Council Chambers
4
OV’s Path Forward
Upcoming Community Events
Thursday, December 7
4:30PM-6:30PM
Riverfront Park
Friday, December 15
3:30 PM-5:30 PM
Oro Valley Public Library
Saturday, December 9
9AM-1PM
Second Saturday at Steam Pump Ranch
Sunday, December 17
11AM -1PM
Fry’s Food Store on La Cañada & Lambert
Thursday, December 14
5PM–8PM
Volunteer Reception Dinner
El Conquistador Hotel
Thursday, December 21
5PM-8PM
SnOV: An Oro Valley Holiday Event at the
Community Center
5
Stay up-to-date about events & join the online conversation at
www.OVPathForward.com
Town Council Meeting
Regular and Study Session
December 6, 2023
7
Spotlight on Youth –Aminiah Ochoa
Town Council Meeting
Regular and Study Session
December 6, 2023
9
Mayor and Council Reports –TBD
Town Council Meeting
Regular and Study Session
December 6, 2023
11
Report on Current Events
Town Council Meeting
Regular and Study Session
December 6, 2023
All Aboard Arizona
Presentation
Town Council
December 6, 2023
All Aboard Arizona
Presentation to the
Town of Oro Valley/Pima Association of
Governments
-Todd Liebman
All Aboard Arizona-President
-Jennifer Davis Page
All Aboard Arizona Board
Member
602-412-1637
Todd’s cell:
608-333-7726
tjliebman@gmail.com
Executive Summary of
Key Ideas
•Now is the time for the Sun Corridor; a once in a
generation opportunity -Infrastructure Investment
and Jobs Act (IIJA)
•Arizona wants passenger rail
•Strong bi-partisan support
•Amtrak supports a daily Sunset Limited routed
through Phoenix and has applied for two IIJA grants
•The Federal Railroad Administration’s Long Distance
Passenger Rail Study
•The State of Arizona has applied for the Federal
Railroad Administration’s Corridor ID program
1971
Population was 207,372,000
Passenger rail was nearly dead
Air travel was growing
Highways were expanding, but congestion was
already a problem
Intercity highway system was not yet completed
Robust intercity bus system
2023
Population is 334,233,854
Passenger rail is growing and more communities are
demanding service
Air travel is withdrawing from smaller cities
Air Traffic Control is facing serious challenges
Airport congestion needs relief
Highways are at the breaking point and incredibly
expensive to build and maintain
Rail can help solve multiple challenges; loss of service to rural and underserved communities,
congestion mitigation, quality of life, economic development to rural and struggling communities
The US will surpass the population of the European Union by 2050
Sun Corridor
Tucson to Phoenix High
Performance Rail
•EXISTING RIGHTS OF WAY GO TO ALL THE RIGHT PLACES
•Easier to develop and less costly than most projects
•Phase 1 Environmental already completed
•Support is solid throughout the corridor
•Arizona has applied for the Corridor ID program
Daily Sunset Limited
Through Phoenix
“Low hanging fruit”
•Strong Existing Ridership
•Links to the national rail
system east and west
•Reintroduces Rail Travel to
Phoenix
•Amtrak has applied for two
grants
18
Rail Passenger Service Presents
Unmatched Opportunities
•It’s congestion mitigation for the I-10 corridor
•It’s economic development for cities and towns throughout Arizona
•It’s the greenest form of transportation in a region hard hit by global warming
•It supports long term, sustainable, lasting employment and tax revenue
Questions?
Town Council Meeting
Regular and Study Session
December 6, 2023
Town Council
December 6, 2023
Study Session:
Town of Oro Valley’s Housing Study
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Presentation to
Housing Conditions & Gap Assessment
November 7, 2023
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Purpose
Fulfill action item in the Town’s current General Plan and
previous strategic plan
Prepare for next 10-year plan
Housing element required by State law
Tonight’s presentation will focus on OV’s housing gaps
and opportunities
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Our Team
Economic consulting firm based in Scottsdale, Arizona. Established in 1987 with
specializations in real estate, demographics, economic impact modeling, and market
research. Have provided economic consulting services for nearly every community
and county in Arizona.
Recent housing studies include: ECONA (communities of Flagstaff, Williams, Camp
Verde, Sedona, and Winslow), Lake Havasu City, City of Sedona, Verde Valley
(Cottonwood, Clarkdale, Jerome), and City of Mesa.
In business since 1959, Arizona’s longest-standing market research
firm. We have served the State’s businesses and government entities
with local, responsive, high quality research services for over 60
years. Recent Related Project examples:
o City of Eloy
o Town of Queen Creek
o City of Phoenix T2050 Baseline Survey
o City of Tempe Transit Media Surveys
for the MDOT Attitude and Perception
Surveys
o MAG RTP and RME Surveys
o MAG Travel Surveys
o Arizona Office of Tourism Visitor
Impact Survey
o Valley Metro Rider Satisfaction, Safety
and Recovery Surveys
o Valley Metro TDM Public Opinion
Surveys
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Telephone Survey Overview
A phone survey targeting residents was conducted via outbound
telephone interviews by the WestGroup interviewing team.
Data from the phone survey was collected from residents in selected
households via a random sample of listed cellphone or landline phone
numbers within the Oro Valley zip code areas.
All residents were screened to ensure they resided in one of the five
Oro Valley zip codes (85737, 85755, 85704, 85742, or 85739).
Ultimately, 401 surveys were completed in total. The average
interview length was 15.5 minutes. The data were weighted to accurately
represent the general population. The total weighted sample size of
n=401 has a margin of error of ±4.9% at the 95% confidence level.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Supplemental Surveys
Resident online survey (1,211 completed surveys)
Web data should be considered supplemental in nature to the phone survey results. Although participants
must opt-in to both surveys, self-selection bias is higher with the web survey.
This means we can assume that individuals that took time to respond to the web survey are more likely to
be highly engaged community members.
Business and workforce online survey (136 completed surveys)
All respondents were screened to ensure they were a business owner or an employee of a company in Oro
Valley. Only non-resident employees were invited to complete this survey; employed residents of Oro
Valley were encouraged to take the corresponding Oro Valley resident survey.
Ultimately, 136 surveys were completed in total, 51 business owners and 85 non-resident employees.
These results should be seen as supplemental to the resident survey conducted via phone.
While insightful, these data may not be representative of the population of Oro Valley business owners or
non-residents who work in Oro Valley as no methods were used to monitor responses to ensure accurate
representation across non-resident employees or business owners in Oro Valley.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Majority of Oro Valley Residents Feel
Housing Costs is a Concern
26%
34%
40%
15%
37%
48%
0%10%20%30%40%50%60%
Very concerning
Somewhat concerning
Not concerning
Concerns of Housing Cost
Phone
Online
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
High home price was chosen as the
#1 barrier to homeownership,
followed by:
2. High interest rates
3. Saving for Downpayment
4. Lack of housing supply
54%
29%
14%
10%
9%
5%
5%
4%
3%
2%
2%
13%
5%
36%
33%
20%
12%
<1%
15%
11%
5%
1%
1%
<1%
24%
0%20%40%60%
Average home price
High interest rates
Not enough for a down payment
Lack of housing supply
Poor economy
Paying too much rent to save
Qualifying for a mortgage
Lack of housing choice
Lack of financial education
Poor credit
Employment issues
Other
No barriers experienced or known
Barriers to Homeownership
Phone
Online
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
1 in 10 residents indicated they
are at least “somewhat likely” to
move away from Oro Valley due
to housing costs with 4% “very
likely” or “nearly certain”
Most vulnerable are:
•Residents who rent
(24% very + nearly certain)
•Under age 35
(18% very + nearly certain)
•Residents living in 85704
(9% very + nearly certain)
•Households with children
(7% very + nearly certain)
30
52%36%7%3%1%
0%20%40%60%80%100%
Likelihood to
move
Likelihood to Leave Oro Valley Due to Cost
Among those with an Opinion
Not planning to move Not likely Somewhat likely
Very likely Nearly certain
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Nearly half of Oro Valley business owners and workers commuting from
outside the Town feel housing cost/rent is too high in Oro Valley. Another
20-27% say rent is affordable, but homeownership is out of reach.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Oro Valley residents are most concerned about providing affordable housing for
essential workers, service workers, and young professionals. Second highest
concern was housing options for seniors, veterans, and persons with disabilities.
25%
18%
17%
16%
11%
22%
24%
18%
18%
14%
25%
28%
32%
30%
34%
15%
17%
19%
18%
20%
13%
13%
14%
18%
21%
0%20%40%60%80%100%
There is a lack of financially attainable housing for teachers, police, first responders,
retail or service employees, or entry level professionals.
There is a lack of financially attainable housing for seniors, veterans, or persons with
disabilities.
There is a lack of adequately sized housing options for multi-generational living.
Children who grow up here cannot afford to live in Oro Valley as adults.
There is a lack of adequately sized housing options for those who are interested in
down-sizing
Agreement with Housing Challenges
Strongly Agree or Agree
Among Those with an Opinion
Strongly Agree Agree Neutral Disagree Strongly Disagree
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Residents highest perceived need are for more single family detached homes, followed by
townhomes/duplexes, accessory dwelling units, condominiums, and apartments. Tiny
homes, manufactured homes, and mobile homes/RVs scored lowest.
38%
13%
16%
13%
9%
7%
3%
2%
25%
27%
23%
23%
15%
8%
5%
63%
40%
39%
36%
24%
15%
8%
3%
0%20%40%60%80%
Single-family homes
Townhomes or duplexes
Secondary residential units on an existing lot…
Condominiums
Apartments
Tiny homes
Manufactured homes
Mobile homes / RV Parks
Housing Needs in Oro Valley
"4" and "5 -High need"
5 - High Need 4
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Lower density rental products are most preferred by
residents. 4-5 story apartments are least preferred.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Elliott D. Pollack & Company Housing Analysis
Sources Consulted:
U.S. Census
U.S. Bureau of Labor Statistics
Arizona Office of Economic Opportunity
WestGroup Research Oro Valley Citizen, Business Owner, and Employee Surveys
RL Brown
RealData, Inc.
Pima County Assessor’s Office
National Association of Home Builders
U.S. Consumer Expenditure Survey
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Oro Valley has less housing diversity compared to Pima County and the state. Higher
percentage of single family detached homes and lower percentages of traditional
apartment communities and manufactured homes.
Estimate %Estimate %Estimate %
Total:23,458 467,191 3,056,890
1, detached 17,053 72.7%280,750 60.1%1,959,704 64.1%
1, attached 1,691 7.2%33,610 7.2%152,413 5.0%
2 184 0.8%8,252 1.8%39,593 1.3%
3 or 4 675 2.9%15,839 3.4%103,919 3.4%
5 to 9 964 4.1%16,993 3.6%119,475 3.9%
10 to 19 1,200 5.1%22,619 4.8%123,151 4.0%
20 to 49 514 2.2%16,935 3.6%76,510 2.5%
50 or more 925 3.9%24,065 5.2%167,599 5.5%
Mobile home 234 1.0%46,668 10.0%302,822 9.9%
Boat, RV, van, etc.18 0.1%1,460 0.3%11,704 0.4%
Source: ACS 2021 5-year estimate
Units In Structure
Oro Valley Pima County Arizona
Lack of apartments restricts low and moderate income households from
finding housing locally.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Similar occupancy rates in
Oro Valley compared the
region and State.
Highest percentage of
vacant homes
classified as
second/seasonal
homes.
Estimate %Estimate %Estimate %
Total:23,303 470,132 3,082,000
Occupied 20,791 89.2%427,021 90.8%2,705,878 87.8%
Vacant 2,512 12.1%43,111 10.1%376,122 13.9%
Source: 2020 Decennial Census
Oro Valley Pima County Arizona
Occupancy Status
Estimate %Estimate %Estimate %
Total:2,512 43,111 376,122
For rent 606 22.4%12,989 26.1%86,906 23.3%
Rented, not occupied 122 4.5%1,327 2.7%8,665 2.3%
For sale only 296 10.9%4,630 9.3%31,309 8.4%
Sold, not occupied 136 5.0%1,838 3.7%13,571 3.6%
For seasonal, recreational, or occasional use 1,069 39.5%13,285 26.7%182,829 49.0%
For migrant workers 1 0.0%19 0.0%915 0.2%
Other vacant 282 10.4%9,023 18.2%51,927 13.9%
Source: 2020 Decennial Census
Oro Valley Pima County Arizona
Vacancy Status
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Homeownership rates have
declined in Oro Valley,
countywide, and in the state
over the past two decades.
Oro
Valley
Pima
County Arizona
2000 84.2%64.3%68.0%
2010 77.4%64.1%66.0%
2020 76.5%63.6%65.3%
Source: Decennial Census
Homeownership
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Household incomes
have increased 21%
from 2018-2021, higher
than the county or
state.
Pima
County Arizona
Median Income
2018 $76,484 $51,037 $56,213
2019 $83,341 $53,379 $58,945
2020 $86,863 $55,023 $61,529
2021 $92,548 $59,215 $65,913
2018-2021
Change 21.0%16.0%17.3%
Average Income
2018 $101,736 $70,610 $77,221
2019 $107,122 $73,554 $80,779
2020 $110,466 $75,662 $84,380
2021 $120,121 $80,772 $89,693
2018-2021
Change 18.1%14.4%16.2%
Source: ACS 2021 5-year estimate
Household Income Growth 2018 - 2021
Oro Valley
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Single family home
prices have increased
57% in the last 4 years
compared to 18%
inflation.
Condo/Townhome
prices have increased
57%.
Manufactured home
prices have increased
62% (still a relatively
affordable ownership
option).When prices increase faster than inflation,
it is an indication of a housing shortage.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
New Home pricing starts above
$450,000. 59% of new home sales
were priced between $500,000 to
$650,000. An additional 30%
ranged from $650,000 to $1 mil.
Household incomes required to
afford a new home in Oro Valley at
current interest rates start at
$136,700 for a $500,000 home
and $177,700 for a $650,000
home. Stabilized interest rates
(5%) would equate to $104,600
and $136,000, respectively.
$400,000
$450,000
$500,000
$550,000
$600,000
$650,000
$700,000
$750,000
$800,000
1,600 1,850 2,100 2,350 2,600 2,850 3,100 3,350
House Sqft.
COMPETITION PRODUCT GRAPH -Town of Oro Valley
SOURCE: MAGIC PROFESSIONAL HOUSING AND LAND APPLICATION
MERITAGE HOMES 80X165
BOULDER VISTA AT STONE CANYON - PERMITS 12 MONTHS / 0
PUSCH RIDGE PROPERTIES 30-50X80+
LA RESERVE VILLAS - PERMITS 12 MONTHS / 4
MATTAMY HOMES 65X120
ALTERRA AT VISTOSO TRAILS - PERMITS 12 MONTHS / 0
MERITAGE HOMES 55X130
SAGUAROS VIEJOS EAST - PHASE I/2 - PERMITS 12 MONTHS / 55
INSIGHT HOMES VAR
LA CANADA RIDGE - PERMITS 12 MONTHS / 0
RICHMOND AMERICAN 70X125
VISTOSO HIGHLANDS - PERMITS 12 MONTHS / 0
D R HORTON 87X120
MILLER RANCH - PERMITS 12 MONTHS / 0
FAIRFIELD HOMES VAR
STONE CANYON/BOULDER VISTA - PERMITS 12 MONTHS / 7
STONE CANYON CASITAS LLC VAR
THE GOLF CASITAS AT STONE CANYON - PERMITS 12 MONTHS / 0
MERITAGE HOMES 60X120
VILLAGES AT SILVERHAWKE - PERMITS 12 MONTHS / 0
PULTE HOMES 50-60X120
RANCHO VISTOSO 5-H/TRANQUILO - PERMITS 12 MONTHS / 5
PULTE HOMES 50-60X120
RANCHO VISTOSO 5-W/5-X/CACTUS & CANYON/VALLEY VISTA - PERMITS 12 MONTHS / 0
PULTE HOMES 70X125
SHANNON 80/IRONWOOD ESTATES - PERMITS 12 MONTHS / 25
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Affordability has
declined to levels
not seen since the
housing bubble in
2006.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Rents have increased
31% in the last 2 years.
Quarter Properties Units Rent Vacancy Stabilzed
2020 Q4 14 3,146 $1,121 3.9%
2021 Q4 14 3,146 $1,453 3.4%
2022 Q1 14 3,146 $1,488 4.2%
2022 Q2 14 3,146 $1,495 6.3%
2022 Q3 14 3,146 $1,476 6.7%
2022 Q4 14 3,146 $1,483 7.1%
2023 Q1 15 3,210 $1,466 8.8%6.9%
Source: RealData
Oro Valley Apartments
Floor Plan Units
%
Total Rent
Avg.
Size
Rent/
SF
Required
Income
Studio 24 0.7%$990 400 $2.48 $39,600
One Bedroom 1,187 37.0%$1,259 716 $1.76 $50,400
Two Bedrooms 1,692 52.7%$1,516 1,049 $1.44 $60,600
Three Bedrooms 307 9.6%$1,834 1,283 $1.43 $73,400
TOTAL 3,210 $1,466 943 $1.55 $58,600
Source: RealData
Oro Valley Apartments Current Average Rents by Floor Plan:
•Studio - $990 (required income: $39,600)
•1-bedroom – $1,259 (required income: $50,400)
•2-bedroom - $1,516 (required income: $60,600)
•3-bedroom - $1,834 (required income: $73,400)
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Affordability
by
Occupation
Monthly Monthly
Pima County Affordable Affordable
2022 Median Housing Cost Rent
Occupation Wage (30% of Income)(Less Utilities)
Hotel, Motel, and Resort Desk Clerks $28,964 $724 $624
Retail Salespersons $29,677 $742 $642
Cooks, Restaurant $33,977 $849 $749
Nursing Assistants $35,430 $886 $786
Waiters and Waitresses $36,081 $902 $802
Construction Laborers $38,404 $960 $860
Firefighters $40,181 $1,005 $905
Pharmacy Technicians $41,828 $1,046 $946
Elementary School Teachers $45,943 $1,149 $1,049
Secondary School Teachers $48,477 $1,212 $1,112
Paramedics $49,673 $1,242 $1,142
Police and Sheriff's Patrol Officers $60,583 $1,515 $1,415
Licensed Practical Nurses $61,547 $1,539 $1,439
Registered Nurses $82,164 $2,054 $1,954
Source: Arizona Office of Economic Opportunity in cooperation with the Bureau of Labor Statistics, May 2023
Housing Affordability by Occupation
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Current
Housing
Gap by
Income
Level
Pima
Units % Total County Arizona
Total Occupied Units 15,736 267,835 1,765,658
Less than $20,000 576 93.5%77.8%75.0%
$20,000 to $34,999 393 36.3%49.4%48.0%
$35,000 to $49,999 464 32.9%35.6%37.3%
$50,000 to $74,999 428 22.3%18.0%22.3%
$75,000 or more 702 6.6%3.9%4.7%
Total Paying More Than 30% of Income 2,563 56,510 369,594
% Paying More Than 30% of Income 16.3%21.1%20.9%
Source: ACS 2021 5-year estimate
Pima
Units % Total County Arizona
Total Occupied Units 5,018 149,648 917,899
Less than $20,000 567 100.0%93.9%93.4%
$20,000 to $34,999 637 98.9%80.3%85.1%
$35,000 to $49,999 402 70.3%44.9%59.3%
$50,000 to $74,999 265 30.2%20.1%28.1%
$75,000 or more 127 6.2%3.1%4.6%
Total Paying More Than 30% of Income 1,998 71,206 412,670
% Paying More Than 30% of Income 39.8%47.6%45.0%
Source: ACS 2021 5-year estimate
Percent of Owner-Occupied Households Paying More Than 30% of Income
Towards Housing Costs by Income Range
Percent of Renter-Occupied Households Paying More Than 30% of Income
Towards Housing Costs by Income Range
Oro Valley
Oro Valley
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Housing
Density helps
support
existing
businesses
and spur new
commercial
development
Income & Spending Assumptions Dollars
% of
Income Dollars
% of
Income
Required Income $74,800 $129,000
Total Retail Spending/HH (Excluding vehicles)$20,317 27.2%$27,297 21.2%
Local-Serving Retail Spending $8,915 11.9%$11,324 8.8%
Grocery Spending/HH $4,378 5.9%$5,321 4.1%
Other Non-Grocery Local-Serving Retail Spending/HH $4,537 6.1%$6,003 4.7%
Regional-Serving Retail Spending/HH $8,034 10.7%$11,345 8.8%
Restaurant Spending/HH $3,367 4.5%$4,628 3.6%
New Households 250 57
Supportable Local-Serving Retail Demand Demand Demand
Total Grocery Spending $1,094,510 $303,303
Supportable SF at $500 Per SF in Sales 2,189 607
Other Local-Serving Retail Spending (excluding Groceries)$1,134,231 $342,155
Supportable SF at $300 Per SF in Sales 3,781 1,141
Restaurant Spending $841,780 $263,821
Supportable SF at $500 Per SF in Sales 1,684 528
Regional Serving Retail Spending $2,008,614 $646,667
Supportable SF at $500 Per SF in Sales 4,017 1,293
TOTAL LOCAL-SERVING RETAIL DEMAND 11,671 3,568
Sources: U.S. Consumer Expenditure Survey; AZ DOA; Elliott D. Pollack & Company
Apartments Single Family
Homes
Retail Spending Analysis - New Residential Development
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Multi-
Family: Four
Story
Apartment
Multi-
Family:
Garden
Apartment
Single
Family:
Build to
Rent
Single
Family:
Small Lot
Single
Family:
Move Up
Single
Family:
Luxury
Primary Impacts
Sales Tax $104,700 $49,300 $30,300 $15,100 $13,700 $8,200
Lease Tax $204,700 $93,800 $59,300 ------
Utility Tax $30,800 $15,000 $8,900 $5,400 $4,300 $2,500
State Shared Revenue $314,700 $153,800 $90,900 $38,300 $25,500 $12,800
Secondary Impacts (employees)
Spending Sales Tax $6,900 $3,300 $2,000 $1,600 $1,000 $500
State Shared Revenue $700 $300 $200 $100 $100 $0
Other Districts
School District $484,500 $203,000 $120,000 $62,300 $55,400 $34,600
Total Tax Revenues $1,147,000 $518,500 $311,600 $122,800 $100,000 $58,600
Source: Elliott D. Pollack & Co.; IMPLAN; AZ Dept. of Revenue; AZ Tax Research Association
Annual Fiscal Impact on Municipalities
Land Use Comparisons on a 10-acre Site
Town of Oro Valley
(2023 Dollars)
Housing
Density also
generates
more revenue
for the Town
and school
district.
Elliott D. Pollack & Company
Court, Merritt, Pollack, & Stevenson
Recommendations
•Support more rental products (single-family,townhomes,duplexes or 2-3 story apartments)in strategic areas
and allow secondary dwelling units on existing lots.
•Conduct a retail gap analysis to determine future commercial development potential.If warranted from the
analysis,consider approving additional residential development on commercial parcels to create more
demand for retail,balance land uses,and maximize commercial opportunities and town revenue.
•Allow manufactured homes or similar affordable housing types in more areas.Although prices increased,
manufactured homes are the most affordable ownership option in Oro Valley yet limited to one area.
•Seek grant funding to support housing and supporting infrastructure (such as transportation)options.
•Support carefully targeted subsidized housing programs targeting workforce level wage households (40%-
100%AMI)for multi-family housing to support police,fire,teachers,nurses,and other critical service
providers in Oro Valley that are currently overburdened by housing costs.
Town Council Meeting
Regular and Study Session
December 6, 2023