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After seven months of gathering input from stakeholders, including 90 different community, business and industry leaders through a series of interviews, Oro Valley has unveiled its new Comprehensive Economic Development Strategy.
The report analyzes the current state of Oro Valley’s local economy and identifies strategies for making some key changes. It also notes that the revenues of the town of Oro Valley are mostly sales tax, hotel occupancy and construction tax.
Since there’s no property tax within Oro Valley, the key to sustainability is all about expanding the economic base: job creation, business retention, expansion, attraction and building on infrastructure.