$1.3609 per $100 of net assessed valuation with a levy of $471,193,529. • Fiscal Year 2016 (Tax Year 2015) Flood Control District of Maricopa County Secondary Tax Rate at $0.1592 per $100 of net assessed valuation with a levy of $49,512,136.• Fiscal Year 2016 (Tax Year 2015) Maricopa County Library District Secondary Tax Rate at $0.0556 per $100 of net assessed valuation with a levy of $19,250,761.• Fiscal Year 2016 (Tax Year 2015) for each of the assessable properties within County Improvement 

1. ECONOMIC AND FISCAL FORECAST PRESENTATION Presentation regarding the Economic and Fiscal Forecast. Sandi Wilson, Deputy County Manager Jim Rounds, Elliott D. Pollack & Co. (C-49-16-002-P-00)

2. FY 2016 PROPERTY TAX LEVY RESOLUTION Adopt the following Resolution regarding the “Maricopa County 2015 Tax Levy” WHEREAS, pursuant to A.R.S.§ 42-17105 on June 22, 2015 the Board of Supervisors adopted the FY 2016 budget which included a budgeted property tax levy of $471,193,529 ; and WHEREAS, pursuant to A.R.S. §48-3620, on June 22, 2015 the Flood Control District of Maricopa County Board of Directors adopted the FY 2016 Budget which included a budgeted property tax levy of $49,512,136; and WHEREAS, pursuant to A.R.S. §48-252 on June 22, 2015, the Library District Board of Directors adopted the FY 2016 Library District budget which included a budgeted property tax levy of $19,250,761 ; and WHEREAS, pursuant to A.R.S. §48-954 on June 22, 2015, the Boards of Directors of the County Improvement Districts adopted the FY 2016 Budgets; each Budget indicating a corresponding budgeted property tax levy as detailed in the budget schedules adopted that day; and WHEREAS, pursuant to A.R.S. §42-17151 the Board of Supervisors is directed to “fix, levy and assess the amount to be raised from primary property taxation and secondary property taxation;” and “fix and determine a primary property tax rate and a secondary property tax rate;” NOW THEREFORE, BE IT RESOLVED BY THE MARICOPA COUNTY BOARD OF SUPERVISORS, 1. Pursuant to A.R.S. §§ 42-17151 and 48-3620, and based on the budget duly adopted for Maricopa County, the Flood Control District of Maricopa County, the Maricopa County Library District and the Maricopa County Improvement Districts the Board of Supervisors determines and fixes tax rates as follows: • Fiscal Year 2016 (Tax Year 2015) Maricopa County Primary Tax Rate at $1.3609 per $100 of net assessed valuation with a levy of $471,193,529. • Fiscal Year 2016 (Tax Year 2015) Flood Control District of Maricopa County Secondary Tax Rate at $0.1592 per $100 of net assessed valuation with a levy of $49,512,136. • Fiscal Year 2016 (Tax Year 2015) Maricopa County Library District Secondary Tax Rate at $0.0556 per $100 of net assessed valuation with a levy of $19,250,761. • Fiscal Year 2016 (Tax Year 2015) for each of the assessable properties within County Improvement Districts the tax levy and/or tax rate as set forth in the “Maricopa County 2015 Tax Levy.” 2. Based on the amount of taxes to be raised by property taxation determined by each governmental entity set forth in the “Maricopa County 2015 Tax Levy,” the Maricopa County Board of Supervisors has calculated the numerical tax rates necessary to raise the requested revenues, and pursuant to the direction of each such government entity, levies the amounts of taxes and sets the resulting tax rates, all as set forth in the “Maricopa County 2015 Tax Levy.” 3. Pursuant to ARS §42-18003, the Maricopa County Treasurer is directed to collect taxes as required by law from the persons listed on the tax roll. The County Treasurer is now therefore responsible for collecting the totals of all taxes levied on the roll. (C-49-16-001-2-00)

3.ADOPTION OF FULL CASH VALUE FOR BOND CALCULATIONAdopt that full cash value should be used for the purpose of calculating the bond indebtedness of school districts. (C-12-16-002-M-00) Motion to approve by Supervisor Hickman, seconded by Supervisor Kunasek Ayes: Chucri, Hickman, Barney, Kunasek, Gallardo

3. ADOPTION OF FULL CASH VALUE FOR BOND CALCULATION Adopt that full cash value should be used for the purpose of calculating the bond indebtedness of school districts. (C-12-16-002-M-00)

4.EXECUTIVE SESSION Vote to convene in Executive Session to consider items on the Executive Agenda dated August 17, 2015, for Board of Supervisors and relevant Special Districts pursuant to statutory authority listed for each item. Motion to approve by Supervisor Barney, seconded by Supervisor Hickman Ayes: Chucri, Hickman, Barney, Kunasek, Gallardo

4. EXECUTIVE SESSION