2020 Levy Limit Worksheet

Office of the 
Maricopa County
Assessor
          2020 Levy Limit Worksheet  
El Mirage
A. Maximum Levy
A1.
Maximum Allowable Primary Tax Levy
2,287,426
A2.
A1 multiplied by  1.02
2,333,175
B. Current Net Assessed Value Subject to Taxation in Prior Year
B5.
Net Primary Assessed Value
117,446,249
C. Current Net Assessed Value
C5.
Net Primary Assessed Value
119,416,075
D. Levy Limit Calculation
D3.
Maximum Allowable Tax Rate (A2. divided by B5. Divided by 100)
1.9866
                
D5.
Maximum Allowable Levy Limit (C5. Divided by 100 times D3.)
2,372,320
$         
D6.
Excess Collections / Exce 
0
D7.
Amount in Excess of Expenditure Limit
0
D8.
Allowable Levy Limit (D5. - D6. -D7.)
2,372,320
$         
E. Adjusted Allowable Levy Limit Calculation
E1.
Accepted Torts
0
E2.
Adjusted Allowable Levy Limit (D8. Plus E1.)
2,372,320
$         
E3.
Percent Change in Allowable Levy Limit
3.7%
February 10, 2019
F5.
Net Primary Assessed Value
115,322,702
Office of the 
Summary of Primary Change
Apprecia
tion
New Property
Total Growth
 $              1,969,826 
1.8%
1.7%
3.5%
G. Sources
G1.
Maricopa County Assessor Reports: Abstracts (SR41110,SR41075,SR41095 & SR41085) 
G2.
Maricopa County Assessor Reports: Levy Limits (SR41215, SR41225, SR41240 & SR41245) 
G3.
Arizona Department of Revenue Levy Limit Worksheet for CVP (B. Section)
G4.
Maricopa County Finance Department for Levy Amounts and Adjustments
Assessor
5:29 PM 2/7/2020
1
2020 City Levy Calc FINAL 2_7_2020 Levy Template - LAK

Office of the 
Maricopa County
Assessor
Assessor
      2020 Net Assessed Value Detail 
El Mirage
           Primary Growth Breakdown
Current Net Assessed Value of Property
Appreciation        
{1}
New Property       
{2}
New Property 
Net
Subject to Taxation in Prior Year
Primary 
B1. Net Centrally Valued Property 
8,639,662
-1.0%
3.8%
327,985
B2. Net Real Property
103,599,911
5.4%
1.4%
1,364,851
B4. Net Personal Property
5,206,676
-37.1%
3.3%
276,990
B4a Exemptions (Excludes CVP)
21,672,744
6.8%
0.2%
32,344
B5. Net Primary Assessed
117,446,249
1.8%
1.7%
1,969,826
$               
$1,969,826
{1}
Appreciation is comparison of Current Value of Property from prior year compared to Prior Year Values.
{2}
New Property is the growth in current year excluding the appreciation.
0
-
$                  
Current Net Assessed (2020)
Primary 
Primary 
Growth
FCV Net
FCV Growth
C1. Net Centrally Valued Property 
8,967,647
2.8%
9,321,267
3.0%
C2. Net Real Property
104,964,762
6.8%
196,468,965
14.2%
p
y
C4. Net Personal Property
5,483,666
-33.8%
5,600,651
-33.7%
C4a Exemptions 
21,705,088
7.0%
26,559,989
9.1%
C5. Net Assessed
119,416,075
3.5%
211,390,883
11.5%
0
0
Prior Year Net Assessed Value 
February 10, 2019
Primary 
Secondary
F1. Net Centrally Valued Property 
8,724,434
9,049,922
F2. Net Real Property
98,314,305
172,089,898
 
F4. Net Personal Property
8,283,963
8,443,547
F4a.Exemptions 
20,287,618
24,335,263
F5. Net Assessed
115,322,702
189,583,367
G. Sources
0
0
G1.
Maricopa County Assessor Reports: Abstracts (SR41110,SR41075,SR41095 & SR41085) 
G2.
Maricopa County Assessor Reports: Levy Limits (SR41215, SR41225, SR41240 & SR41245) 
G3.
Arizona Department of Revenue Levy Limit Worksheet for CVP (B. Section)
G4.
Maricopa County Finance Department for Levy Amounts and Adjustments
H. Notes
H1.
H2.
H3.
The Levy Worksheets have been modified to reflect net assessed valuations for the Current Property 
Subject to Taxation in Prior Year, Current Net Assessed Valuations and Prior Year Net Assessed 
Valuations.
The Levy Worksheets have been modified for Tax Year 2013 to combine unsecured and secured 
Personal Property into a single net assessed valuations for the Current Property Subject to Taxation in 
Prior Year, Current Net Assessed Valuations and Prior Year Net Assessed Valuations.
The Levy Worksheets FCV Net is used for bonded indebtedness and not used in the calculation of 
property tax.
5:29 PM 2/7/2020
2
2020 City Levy Calc FINAL 2_7_2020 Levy Template - LAK