Item Report

Item Number: I.1. 
 
 
CITY COUNCIL REPORT 
 
SUBJECT: 
Resolution 2647 - Property tax levy for the City of Tolleson 
MEETING DATE: 
June 23, 2026 
 
TO: 
Mayor and Council 
FROM: 
Kevin Artz, Chief Financial Officer 
REVIEWED: 
Reyes Medrano, Jr., City Manager 
 
PURPOSE: 
The Finance Department is requesting the adoption of Resolution 2647, levying upon the assessed valuation of 
property within the City of Tolleson, subject to taxation, a certain sum to provide funds for general municipal 
expenses, all for the fiscal year ending June 30, 2027. 
 
BACKGROUND: 
Arizona Revised Statutes 42-17151 and 42-17253 requires the governing body of each political subdivision to 
adopt an annual tax levy upon the property subject to taxation. 
 
On June 9, 2026, a public hearing was held for Resolution 2647 and the property tax levy. 
 
DISCUSSION: 
The resolution proposes a primary tax rate of $1.5204 and a secondary tax rate of $1.1556 for a combined tax 
rate of $2.6760. The combined tax rate remains the same as the prior year (FY 2026 rate $2.6760). 
 
The primary tax levy is used for general municipal expenses. The secondary levy must be used to pay debt 
service on General Obligation bonds. 
 
BUDGET IMPACT: 
The tax rate was contemplated as the FY 2027 budget was prepared. 
 
RECOMMENDATION: 
Staff recommends the City Council adopt Resolution 2647, setting the property tax levy for Fiscal Year 2027. 
 
ATTACHMENTS: 
1. 
Res 2647 FY 2027 Property Tax Levy 06 23 26