Ordinance # 5018 Property Tax Levy

ORDINANCE NO. 5018

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHANDLER,
ARIZONA, LEVYING UPON THE ASSESSED VALUATION OF THE
PROPERTY WITHIN THE CITY OF CHANDLER, ARIZONA, SUBJECT TO
TAXATION A CERTAIN SUM UPON EACH ONE HUNDRED DOLLARS
($100.00) OF ASSESSED VALUATION SUFFICIENT TO RAISE THE
AMOUNT ESTIMATED TO BE REQUIRED IN THE ANNUAL BUDGET,
LESS THE AMOUNT ESTIMATED TO BE RECEIVED FROM OTHER
SOURCES OF REVENUE; PROVIDING FUNDS FOR VARIOUS BOND
REDEMPTIONS, FOR THE PURPOSE OF PAYING INTEREST UPON
BONDED INDEBTEDNESS AND PROVIDING FUNDS FOR GENERAL
MUNICIPAL EXPENSES, ALL FOR THE FISCAL YEAR ENDING THE 30TH
DAY OF JUNE, 2023.

WHEREAS, by the provisions of State law, the ordinance levying taxes for Fiscal Year (FY) 2022-
23 is required to be finally adopted not later than the third Monday in August; and

WHEREAS, the County of Maricopa is the assessing and collecting authority for the City of
Chandler, the Clerk is hereby directed to transmit a certified copy of this ordinance to the County
Assessor and the Board of Supervisors of the County of Maricopa, Arizona.

NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Chandler, Arizona,
as follows:

Section 1. There is hereby levied on each one hundred dollars ($100.00) of the assessed value
of all property, both real and personal within the corporate limits of the City of
Chandler, except such property as may be by law exempt from taxation, a primary
property tax rate of $0.2326 for the Fiscal Year ending on the 30th day of June,
2023. If this tax rate exceeds the maximum levy allowed by law, the Board of
Supervisors of the County of Maricopa is hereby authorized to reduce the levy to
the maximum allowable by law after providing notice to the City.

Section 2. In addition to the rate set in Section 1 hereof, there is hereby levied on each one
hundred dollars ($100.00) of the assessed value of all property, both real and
personal within the corporate limits of the City of Chandler, except such property
as may be by law exempt from taxation, a secondary property tax rate of $0.8700
but not more than the actual general obligation bond debt service due during the
year plus anticipated debt service due for issues sold during the year, for the purpose
of providing a bond interest and redemption fund for the City of Chandler for the
Fiscal Year ending June 30, 2023.

Section 3. It is the intent of the City Council of the City of Chandler, Arizona, to levy the
primary property tax for operations, and levy the secondary property tax for bonded
debt such that the combined property tax for the City of Chandler for FY 2022-23
will equal $1.1026.

Section 4.

Section 5.

Section 6.

Ordinance No. 5018
Page 2

Failure by the county officials of Maricopa County, Arizona, to properly return the
delinquent list, any irregularity in assessments or omissions in the same, or any
irregularity in any proceedings shall not invalidate such proceedings or invalidate
any title conveyed by any tax deed; failure or neglect of any officer or officers to
timely perform any of the duties assigned to him or to them shall not invalidate any
proceedings or any deed or sale pursuant thereto, the validity of the assessment or
levy of taxes or of the judgment of sale by which the collection of the same may be
enforced shall not affect the lien of the City of Chandler upon such property for the
delinquent taxes unpaid thereon; overcharge as to part of the taxes or of costs shall
not invalidate any proceedings for the collection of taxes or the foreclosure of the
lien thereon or a sale of the property under such foreclosure; and all acts of officers
de facto shall be valid as if performed by officers de jure.

All ordinances and parts of ordinances in conflict herewith are hereby repealed.

This ordinance shall be in full force and effect from and after its passage by the
Council and approval by the Mayor.

INTRODUCED AND TENATIVELY APPROVED by the City Council of the City of Chandler,
Arizona, this day of June, 2022.

ATTEST:

CITY CLERK MAYOR

PASSED AND ADOPTED by the City Council of the City of Chandler, Arizona, this day
of June, 2022.

ATTEST:

CITY CLERK MAYOR

Ordinance No. 5018
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CERTIFICATION

I HEREBY CERTIFY that the above and foregoing Ordinance No. 5018 as duly passed and
adopted by the City Council of the City of Chandler, at a regular meeting on the day of
June, 2022, and that a quorum was present thereat.

CITY CLERK
APPROVED AS TO FORM:

ITY ATTORNEY

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