Vote: adopted

Item Text

3. SADDLE MOUNTAIN MINIMUM QTR, 2014 TAX RATE AMENDMENT Correct the action taken on August 19, 2013, by the Board of Supervisors regarding the “Maricopa County 2014 Tax Levy Packet;” specifically correct the rate to 1.2976 for Additional Education Aid for Saddle Mountain (Primary AV) from 0.2344, adopted pursuant to A.R.S. § 15-992. A review of the information related to this district indicates that there was an error in the calculation. The initial Additional Aid calculation used the incorrect Qualifying Tax Rate (QTR). The QTR applicable to common schools rather than unified schools was mistakenly used: therefore, the initial calculation understated the amount of qualifying taxation for that district. This action does not impact, nor change the valuation of the properties in this district, but is limited to an error in the calculation of the adopted rate. (C-37-14-056-6-00)