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Sierra Vista staff proposes flat property tax levy for FY26 at 0.1018 per $100

5842208 · August 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff presented a proposed FY26 property tax rate of $0.1018 per $100 of assessed value that would generate an estimated $394,973; council was told the rate is lower because overall assessed value rose and no additional truth-in-taxation notice is required.

City staff presented a proposed property tax levy for fiscal year 2026, recommending a rate of $0.1018 per $100 of assessed value that would generate an estimated $394,973 for the year.

Jen, a city staff member who presented the levy, said the rate is lower than last year because the total…

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