There are many statements and questions that we hear time and again. From town meetings to social media there has been a dissemination of false or misunderstood data.
We have done our best to address these; if you have a question you would like an answer to, please click here to contact us.
Golf is a Dying Sport
Per capita rounds of golf in Arizona are 1.65 rounds per person per year, compared with 1.33 rounds per person per year for the US as a whole.
A golf course is such a waste of drinking water.
Why should I pay an extra half cent tax for a golf course that I don't use?
The cost of the “half-cent” sales tax equates to $50 per $10,000 spent on taxable goods within the Town of Oro Valley. Groceries and gasoline are exempt from the this tax.
Closing the golf courses will save me money.
In addition, the loss in reclaimed water revenue due to golf course closure will need to be absorbed by the other businesses and residents of Oro Valley. As a result, residential water bills will increase by an estimated $18 to $20 dollars per household per year.
Our taxes are paying for people to benefit and enjoy living on the course.
Why should I care about YOUR property values?
Closure of the golf courses could result in property value losses of between 18% and 30% for homes directly on the golf courses and 9.5% for homes in the golf course community proper.
There are a total of 545 homes directly on the golf courses with an average value of $350,000 yielding a total property value of $190 million. An 18% property value reduction would result in $34.3 million in property value losses or $63,000 loss per homeowner.
An additional 764 homes are in the golf course community proper with an average value of $325,000 yielding a total current property value of $248 million. A 9.5% average property value reduction would result in $23.6 million in property value losses or $30,875 average loss per homeowner.
There are an estimated 14,500 additional homes in Oro Valley with an average value of $316,000 yielding a total property value of $4.6 billion. The vast majority of these homes lie within a 3 mile radius of the golf courses and could reasonably be effected by the lower comp values by an average of 2%. This 2% average property value reduction would equate to $91.6 million in property value losses or $6,320 per household.
The total Oro Valley property value loss would be $149.5 MILLION or $9,461 per household.
The property tax rate in Pima County is approximately 1.03%, so the reduction in property tax revenues would be approximately $1.5 MILLION