Lower Taxes Becoming a Tradition for Maricopa Residents

Published on May 12, 2022

A calculator with a small house model, wooden blocks spelling

In a time when so many cities and their residents are feeling the lasting impacts of the pandemic, economic instability and inflation, the City of Maricopa is grateful to offer some reprieve as we prepare for the new fiscal year budget. For the fourth consecutive year, the City of Maricopa Mayor and Council are proposing to lower the City's property and secondary tax rates.

 

“Our City Council has mandated the lowering of taxes and would prefer to see personal dollars invested in family, community, local business and in charitable pursuits rather than in government. Yet, government is critical to infrastructure, public safety and quality of life. The answer, lower taxes, but let people in local government be more entrepreneurial. And, so we have,” said City Manager Rick Horst.

 

The current Fiscal Year (FY) 21/22 primary property and secondary tax rates are $437.09 and 88.04 per $100,000 of assessed value respectively. The rates the City is proposing for FY 22/23 are $417.09 and $83.99 per $100,000 of assessed value respectively. That means on a home valued at $400,000 the homeowner would save $96.2 annually. 

 

The FY 22/23 budget begins on July 1. City Council is scheduled to vote on the tentative budget at the May 17 Council Meeting and vote on the final budget during the June 21 meeting. The May 17 and June 21 meetings will both be available live online on the City YouTube Channel and on the City Facebook page

 

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