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County Board considers $11M property tax levy increase for fiscal year 26 budget

June 12, 2025 | Coconino County, Arizona


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

County Board considers $11M property tax levy increase for fiscal year 26 budget
The Coconino County government meeting on June 12, 2025, focused on the Fiscal Year 2026 Truth in Taxation Proposal, highlighting the proposed $11 million property tax levy. This levy represents a modest increase of $368,000 to the general fund within a $100 million budget. Officials emphasized the importance of this increase, noting that it contributes to a stable and predictable financial forecast for the county.

The proposed tax increase would result in a median impact of just $2.10 for typical residential taxpayers. This figure was derived from the average taxable value provided by the county assessor's office. Officials explained that if the county does not assert its tax levy this year, it could lead to compounding effects in future years, potentially resulting in larger tax increases down the line.

The discussion underscored the county's conservative approach to property tax rates, with officials expressing a commitment to only utilize the full allowable levy when necessary. They highlighted that delaying the tax increase could lead to a more significant financial burden for taxpayers in the future, as the incremental increases would be replaced by larger jumps if the levy is postponed.

Overall, the meeting reinforced the county's strategy of maintaining fiscal responsibility while ensuring adequate funding for essential services. The board is expected to move forward with the recommendation for the property tax levy, aiming to balance the budget while minimizing the impact on residents.

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Scribe from Workplace AI
Scribe from Workplace AI