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Welcome to Peoria's newsroom! Here you will find the latest news and information about events in Peoria, Arizona.

The newsroom is maintained by the Office of Communications. Need to get in touch with someone about a story? View a list of media contacts for the city.

City of Peoria Truth in Taxation Hearing

Post Date:05/01/2019 8:14 AM

City of Peoria Truth in Taxation Hearing

Notice of Taxes Remaining the Same

PEORIA, Ariz. (May 1, 2019) – The city of Peoria’s fiscal year 2020 total property tax rate is proposed to stay the same as the prior fiscal year 2019 at $1.44/$100 of assessed value. The secondary rate is $1.15/$100 of assessed value while the primary rate is $0.29/$100 of assessed value. The result is net zero on the total property tax rate. For example, if your $100,000 home did not change in value, then the Peoria property tax levy would still be $144 for both the current year and next year.

 

The Taxation Hearing information is required by Arizona Revised Statutes and only addresses the primary property tax (see below). However, Peoria has both a primary and a secondary property tax. 

 

Any change in your Peoria property tax bill is due to assessed valuation changes in your home. Again, the required information below only talks about the primary property tax and does not state the equal amount of decrease in the secondary property tax, which equates to a zero net change in Peoria’s total property tax rate.

 

The information below is required by Arizona Revised Statutes and only addresses the primary property tax.

 

 


Truth in Taxation Hearing

Notice of Tax Increase

 

In compliance with section 42-17107, Arizona Revised Statutes, the city of Peoria is notifying its property taxpayers of Peoria’s intention to raise its primary property taxes over last year’s level. Peoria is proposing an increase in primary property taxes of $208,633 or 5 percent.

For example, the proposed tax increase will cause Peoria’s primary property taxes on a $100,000 home to increase from $27.62 to $29.

 

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 May 21, 2019, at 7 p.m. in the Peoria City Council Chamber, 8401 W. Monroe Street, Peoria, Arizona. This news release meets requirements for public notification under state law.

 

For additional information, contact the city of Peoria Budget Office at 623-773-7174.

 

 

 

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