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 13, at Scottsdale City Hall, 3939 N. Drinkwater Boulevard.
The city of Scottsdale will reduce its primary property tax rate slightly – from $0.5071 per $100 of assessed value to $0.4956 in Fiscal Year 2017/18. Mainly because of the 2 percent statutory adjustment, however, the average homeowner in Scottsdale will pay up to about 3 percent more in primary property tax next fiscal year. Individual experiences may differ based on unique property variances.
About 11 cents of every dollar in property taxes paid by Scottsdale property owners goes to the city, the remaining 89 cents goes to public schools, Maricopa County, community colleges and various special taxing districts. And of the 11 cents of every dollar paid by Scottsdale property owners, more than half (6 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 480-312-7084 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 up to $576,363 or 2.08 percent.
For example, the proposed tax increase will cause Scottsdale’s primary property taxes on a $100,000 home to increase from $48.55 (total taxes that would be owed without the proposed tax increase) up to $49.56 (total proposed taxes including the tax increase).
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 Tuesday, June 13, at 5 p.m. at Scottsdale City Hall, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona.
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