City Council approves 2025-26 property tax levy with slight rate decrease

Scottsdale City Council has taken significant steps to manage property taxes effectively during their meeting on June 24, 2025. The council approved a property tax levy for the fiscal year 2025-2026, setting the rate at 91.2 cents per $100 of assessed value. This marks a 2.1% decrease from the previous year, reflecting the city's commitment to maintaining low tax rates while managing essential services.

City Treasurer Sonia Andrews presented the details, explaining that the new rate consists of a primary property tax of 48.9 cents, which will generate approximately $40 million for the general fund and tort claims, and a secondary property tax of 42.3 cents, aimed at servicing voter-approved bond debt, expected to raise $35 million. Despite the decrease in the tax rate, median property values are projected to rise by about 2%, resulting in a negligible net impact on homeowners.

The council also unanimously adopted a separate property tax levy for the municipal streetlight improvement district, amounting to $578,426, with an average levy of $17.03 per lot. This decision is part of a two-step process mandated by state law, ensuring that residents continue to benefit from well-maintained street lighting.

Vice Mayor DeBoskis acknowledged the efforts of Experience Scottsdale in promoting local events, highlighting the potential for economic growth through collaborative initiatives. The council's proactive approach to fiscal management and community engagement underscores their dedication to enhancing the quality of life in Scottsdale.

As the council concluded its agenda, the decisions made during this meeting are expected to have a lasting positive impact on the community, ensuring that Scottsdale remains an attractive place for residents and visitors alike.