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Mesa Proposes No Change to Secondary Property Tax Rate; Median Homeowner Increase About $8

3617300 · May 29, 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 treasurer presented fiscal-year-2025–26 secondary property tax proposal: no change in tax rate, projected levy of $44.3 million, and an $8 annual increase for median homeowner driven by rising taxable values and new property additions.

The city presented its proposed secondary property tax levy for fiscal year 2025–26 at the May 29 study session and recommended maintaining the current secondary property tax rate. City Treasurer Mark Hoot told council the proposed unchanged rate would result in a levy of about $44.3 million and would mean an estimated $8 annual increase in the secondary property tax cost for the median Mesa homeowner.

Hoot said the city’s total taxable property value increased about 5.5% this year to roughly $52 billion (limited property value used for levy…

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