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Mohave County presents structurally balanced FY26 budget; proposes tax-rate swap, library sweep

3039612 · April 17, 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

County staff recommended a structurally balanced fiscal year 2026 budget (Option B) that uses a property-tax rate swap, a one-time library sweep and a higher collection assumption to produce about $5.1 million in additional general-fund revenue and leave a projected $25.5 million surplus at year-end.

Mohave County staff on April 16 presented a recommended fiscal year 2026 budget that they described as structurally balanced, centered on a recommended Option B that preserves most departmental requests while relying on a set of revenue measures and one-time transfers to avoid cuts.

The proposed package includes a tax-rate swap that would reduce levies in two special districts and increase the county's primary property levy by 0.06 percentage points (neting roughly $1.6 million), a $1.25 million one‑time sweep from the library district authorized under current JLBC guidance, and a change to the county's assumed property-tax collection rate from 95% to 97%. Combined with projected growth in assessed values, staff said those measures yield approximately $5.1 million in added revenue that enables the recommended option to be structurally balanced for…

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