Item Report

Item Number: I.1. 
 
 
CITY COUNCIL REPORT 
 
SUBJECT: 
Resolution 2604 - Property tax levy for the City of Tolleson. 
MEETING DATE: 
June 24, 2025 
 
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 2604, 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, 2026. 
 
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. 
 
DISCUSSION: 
The resolution proposes a primary tax rate of $1.5158 and a secondary tax rate of $1.1602 for a combined tax 
rate of $2.6760. The combined tax rate decreased slightly from the prior year (FY 2025 rate $2.6796). 
 
The primary tax levy is used for general municipal expenses. The secondary levy must be used to pay debt 
service on General Obligation bonds. The City was able to maintain a level secondary tax rate, while issuing 
$21M of bonds to provide the community with an aquatic facility. 
 
BUDGET IMPACT: 
The tax rate was contemplated as the FY 2026 budget was prepared. 
 
RECOMMENDATION: 
Staff recommends the City Council adopt Resolution 2604, setting the property tax levy for Fiscal Year 2026. 
 
ATTACHMENTS: 
1. 
Res 2604 FY 2026 Property Tax Levy 06 24 25