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Why Coconino County will publish 'tax increase' notices even as the primary rate falls
Summary
Finance staff told the board that rising assessed values mean the county must post statutory notice of a tax increase even though the county’s primary tax rate will drop because levy ceilings are calculated differently than individual tax bills.
Coconino County finance staff told the Board of Supervisors on April 20 that state law requires publishing a notice when a county will collect more property tax dollars from the same set of parcels than it did in the prior year — even when the county’s tax rate declines.
Finance presenter Siri explained the arithmetic during the budget meeting: if assessed values on properties rise more than the 2% inflation allowance built into Arizona’s truth‑in‑taxation rules, the allowable levy can…
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