FY22-23 Analysis

Enter data in yellow-shaded cells only.
Truth in Taxation Analysis 
Calculation for Truth in Taxation Hearing Notice pursuant to A.R.S. § 42-17107
Actual current primary property tax levy:
2,611,504
$            
(line F.1. actual levy from prior year's final levy limit worksheet)
Net assessed valuation:  (line C.5. from current year's worksheet)
148,002,611
$        
Value of new construction:
2,878,061
$            
Net assessed value minus new construction:
145,124,550
$        
(line B.5. from current year's levy limit worksheet)
MAXIMUM TAX RATE THAT CAN BE IMPOSED
WITHOUT A TRUTH IN TAXATION HEARING:
1.7995
$                 
Growth in property tax levy capacity associated
with new construction:
51,791
$                 
MAXIMUM PRIMARY PROPERTY TAX LEVY
WITHOUT A TRUTH IN TAXATION HEARING:
2,663,307
$            
Proposed primary property tax levy:
2,716,588
$            
Proposed increase in primary property tax levy,
exclusive of new construction
53,281
$                 
Proposed percentage increase in primary
property tax levy:
2.0%
Proposed primary property tax rate:
1.8355
$                 
Proposed increase in primary property tax rate:
0.0360
$                 
Proposed primary property tax levy
on a home valued at $100,000
183.55
$                 
Primary property tax levy on a home valued
at $100,000 if the tax rate was not raised:
179.95
$                 
Proposed primary property tax levy increase
on a home valued at $100,000:
3.60
$