2022 ASRS GPLET LETTER TO COB.PDF

Eddie Cook 
Maricopa County Assessor 
 
301 West Jefferson Street 
Phoenix, Arizona 85003 
Phone:  (602) 506-3406 
http://mcassessor.maricopa.gov/ 
 
 
March 24, 2022 
 
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 2022 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 2022.  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, 2022.  The form (Government Property Lease Excise 
Tax Form) was completed and approved by representatives of the “ASRS”.  We have checked the 
computation on the 2022 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 2022 to be $26,080.00. 
    
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 Chief 
Appraiser, Kelly Murphy at (602) 506-8249. 
 
 
Sincerely, 
 
 
 
Eddie Cook 
Maricopa County Assessor 
 
Enclosure 
cc: 
John Allen; 
 
Treasurer   
 
Patrick Irvine;  
Fennemore Craig, P.C. 
Michell Miles;   
CBRE 
 
Kelly Murphy;   
Assessor’s Office