2021 ASRS GPLET LETTER TO COB.DOCX

301 West Jefferson Street
Eddie Cook
Phoenix, Arizona 85003
Maricopa County Assessor Phone: (602) 506-3406
http://mcassessor.maricopa.g
ov/
March 16, 2021
Ms. Juanita Garza, Interim Clerk of the Board
Maricopa County Board of Supervisors
301 West Jefferson, 10th Floor
Phoenix, Arizona 85003
Re: Arizona State Retirement System (“ASRS”)
Dear Ms. Garza:
Enclosed is a copy of the 2021 Government Lease Excise Tax Form for the Arizona State
Retirement System (“ASRS”). Under A.R.S. § 42-11102(C), the “ASRS” may elect to have the
taxes on its income producing properties based upon their full cash value as determined by this
Office (“voluntary contributions”) or pursuant to A.R.S. § 42-6201 et seq., it may provide for a
government property lease tax (“GPLET”). The ASRS has timely notified the Assessor’s Office
that it is electing to have its sole property in Maricopa County taxed under the GPLET framework
for tax year 2021. That property is a high-rise office building located at 3300 N. Central Ave,
Phoenix (APN #118-37-021P).
The enclosed Form submitted by the “ASRS” representative contains the property data necessary
for the computation of the lease tax, as well as the total computed tax, which is due and payable
to the Treasurer on or before December 1, 2021. The form (Government Property Lease Excise
Tax Form) was completed and approved by representatives of the “ASRS”. We have checked the
computation on the 2021 reporting form against A.R.S. 42-6201 et seq. including prior years, as
well as coordinated with the County Treasurer’s Office. We have found it to be accurate. This
year the ASRS reporting Form states tax due for 2021 to be $26,468.00.
As we have done in prior years, my office will coordinate with you to have this item placed on the
next available Board of Supervisors agenda. If you have any questions please contact my
Assistant Chief Deputy, Lesley Kratz at (602) 506-7154.
Sincerely,
Eddie Cook
Maricopa County Assessor
Enclosure
cc: John M Allen; Treasurer
Patrick Irvine; Fennemore Craig, P.C.

Eddie Cook
Maricopa County Assessor
Michell Miles; CBRE
Lesley Kratz; Assessor’s Office
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