City of Scottsdale Tax Hearing Set for June 11th

May 24, 2019

City of Scottsdale “Truth in Taxation” notice

 

This “Truth in Taxation” hearing notice regarding the City of Scottsdale primary property tax levy is being published as required by Arizona state law.

A public hearing on Scottsdale’s proposed property tax levy will occur before final budget adoption, scheduled at 5 p.m. Tuesday, June 11, 2019, at Scottsdale City Hall, 3939 N. Drinkwater Boulevard.

The City of Scottsdale will increase its proposed primary property tax levy $562,545 (exclusive of new construction) due to the 2 percent statutory adjustment.  Because property valuations increased the City of Scottsdale can decrease its primary property tax rate from $0.5316 per $100 of assessed value down to $0.5198 in Fiscal Year 2019/20 and still achieve the proposed levy amount.

The city’s proposed secondary property tax levy will decrease $1.2 million due to reduced debt service payments.  For Fiscal Year 2019/20, the secondary tax rate will decrease by $0.0491 from $0.5705 to $0.5214 per $100 of assessed valuation.

In Fiscal Year 2019/20, citizen tax bills will reflect an estimated combined property tax rate of $1.0412, which is $0.0609 less than the Fiscal Year 2018/19 combined rate of $1.1021.

Where Do Your Property Taxes go in Scottsdale?

FY 2019/20

About 10 cents of every dollar in property taxes paid by Scottsdale property owners goes to the city, the remaining 90 cents goes to public schools, Maricopa County, community colleges and various special taxing districts. And of the 10 cents of every dollar paid by Scottsdale property owners, half (5 cents) goes to support voter approved bond programs.

The amount of property tax paid is based on two factors: the tax levy set by the city and the assessed value of the property (as determined by the county).

The City Treasurer’s Office at 480-312-2427 can answer questions regarding the city property tax levy or other budget issues.

Truth in Taxation Hearing: Notice of Tax Increase

In compliance with section 42-17107, Arizona Revised Statutes, the City of Scottsdale is notifying its property taxpayers of Scottsdale’s intention to raise its primary property taxes over last year’s level.  Scottsdale is proposing an increase in primary property taxes of $562,545 or 1.76 percent.

For example, the proposed tax increase will cause Scottsdale’s primary property taxes on a $100,000 home to be $51.98 (total proposed taxes including the tax increase). Without the proposed tax increase, the total taxes that would be owed on a $100,000 home would have been $51.08.

This proposed increase is exclusive of increased primary property taxes received from new construction.  The increase is also exclusive of any changes that may occur from property tax levies for voter approved bonded indebtedness or budget and tax overrides.

All interested citizens are invited to attend the public hearing on the tax increase that is scheduled to be held on Tuesday, June 11, 2019, at 5:00 p.m. at Scottsdale City Hall, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona.

Kelly Corsette | Communications & Public Affairs Director
City of Scottsdale | Office of Communication
480-312-2336 | kcorsette@ScottsdaleAZ.gov


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Author: The Peak

The Peak was originally printed and distributed in 1983 by the Greater Pinnacle Peak Association (GPPA) as a six-page neighborhood newsletter for the hundred or so residents who lived in the Pinnacle Peak area of Scottsdale, Arizona. Today, GPPA publishes an expanded online version for tens of thousands of readers as a free community service serving Scottsdale and neighborhing communities.

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