Property Tax

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There are two types of property tax in the State of Arizona, primary and secondary. The City of Mesa does not collect a primary property tax. The City collects a secondary property tax, which is used to pay the principal and interest due for debt associated with General Obligation Bonds

The City uses the tax levy (not the tax rate) to manage the secondary property tax. The tax levy is calculated by the formula to the right.Formula

The value of each property in the City is determined annually by either Maricopa County or the State of Arizona. This value is based on comparable sale values from two to three years prior. For example, the FY 2017/18 net assessed valueis based on property valuations from late-2014 to mid-2015.

Secondary Property Tax Rate and Levy

Fiscal Year

(A)

Value of Taxable Property

(B)

Tax Rate (per $100 of Value)

(C)

Tax Levy

  FY 2016/17

$2.89B

1.1578

$33.4M

FY 2015/16

$2.76B

1.2125

$33.4M

 The value of taxable property in the City (A) increased 4.7% in the past year.  Therefore, the City reduced the tax rate (B) so that the total property tax levy (C) remained unchanged. The effect of slightly higher property values combined with a slightly lower tax rate is the same citywide levy of $33.4 million with no net impact to the average property owner. The change in an individual property tax bill will vary based on how much the value of a property changed relative to all other property in the City.   

The annual secondary property tax levy for the median-valued City of Mesa residential property is $126.   

For more information on assessed value and property tax, see the Budget and Financial Summary section of the City’s Executive Budget Plan document. 

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