PHOENIX – The Maricopa County Board of Supervisors will vote on final approval of its fiscal year 2019 budget during a public hearing on June 25. The Board, which also governs the Flood Control, Library, and Stadium districts, adopted a tentative budget of $2.45 billion last month.
Before the final budget vote, the public will have the opportunity to comment on the FY 2019 budget which keeps the tax rate the same. The Board does not control property values, but as the economy grows, property values increase, and some property owners may pay more in taxes as a result.
The “Truth in Taxation” hearing is required by law and provides Maricopa County taxpayers the opportunity to voice their opinion about the following proposed levies:
- Primary property tax increase of $18,438,418 or 3.4%, which would raise primary property taxes on a $100,000 home from $135.43 to $140.09.
- Secondary property tax increase of $3,134,816 or 5.0%, which would increase secondary property taxes on a $100,000 home from $17.06 to $17.92. (Flood Control District)
- Secondary property tax increase of $712,214 or 3.4%, which would increase secondary property taxes on a $100,000 home from $5.38 to $5.56. (Library District)
A public hearing will be held on Monday, June 25 in the Board of Supervisors’ Conference Room (10th floor) at 301 W. Jefferson, Phoenix, Arizona 85003, starting at 10:00 a.m.
In accordance with State statute, the Maricopa County Board of Supervisors will meet at a future date to vote on the final tax levy proposal. That meeting will be held on August 20, 2018.
About Maricopa County Taxes
Historically, Maricopa County receives 11 cents of every dollar paid in property taxes. The county’s tax levy in FY 2019 is $146.6 million below the maximum amount allowed by state law, meaning the county collects less in taxes than it could.