Council to take action on Ordinance No. 17-25 levying upon the assessed valuation of the property subject to taxation within the City of Buckeye, Maricopa County, Arizona, a certain sum to provide fun

4.U
CITY OF BUCKEYE
Regular Council Meeting
COUNCIL ACTION REPORT
MEETING DATE: 06/17/25
AGENDA ITEM: 4.U. FIN - Ordinance
No. 17-25 Property Tax Levy Adoption
Fiscal Year 2025-2026
DATE PREPARED: 06/16/25
DISTRICT NO.: All
STAFF LIAISON: William Kauppi, Chief Financial Officer,
wkauppi@buckeyeaz.gov, (623) 349-6161
DEPARTMENT: Financial Services
AGENDA ITEM TYPE: Consent Agenda
Items / New Business
ACTION/MOTION: (This language identifies the formal motion to be made by the Council) 
Council to take action on Ordinance No. 17-25 levying upon the assessed valuation of the property
subject to taxation within the City of Buckeye, Maricopa County, Arizona, a certain sum to provide funds
for general municipal expenses, all for the Fiscal Year (FY) ending the 30th day of June, 2026.
SUMMARY
PROJECT DESCRIPTION:
State law requires that the tax levy necessary for funding the Annual Budget be established ordinance or
resolution and be adopted at least fourteen days following the public hearing and the final adoption of the
budget, but before the third Monday in August. As this tax levy ordinance is an administrative method of
setting apart funds necessary for use and maintenance, it does not require an extraordinary (3/4) vote to
make it effective immediately. Ordinance No. 17-25 follows the prescribed form recommended for
adoption and establishes a tax levy of $16,678,998 as set forth in the FY 2025-2026 budget. In this
ordinance, the City Council directs the County of Maricopa to levy the amount allowed by law. Property
value estimates have been received from the County Assessor's office and are available for public
inspection in the offices of the City Clerk and Finance Department. The estimated rate required to
produce the tax levy is $1.6004 per one hundred dollars ($100.00) of taxable assessed value.
BENEFITS:
The primary tax levy provides funding for the City's service delivery programs.
FUTURE ACTION:
Forward certified copy of Ordinance No. 17-25 to Maricopa County.
FINANCIAL IMPACT STATEMENT:
City to receive $16,678,998 in primary tax revenues for FY 2025-2026. The City primary property tax rate
is estimated to be $1.6004 per $100 of taxable assessed value. The City's primary property taxes for a
home with an assessed value of $100,000 will decrease from $160.77 to $160.44.
BUDGETED:
Yes
FISCAL YEAR:
2025-2026
Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:

Ordinance_17-25_Tax_Levy_VS__1_ (1).pdf