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Coconino County adopts FY2027 budget, lowers primary rate while levying modestly higher collections
Summary
After Truth-in-Taxation hearings June 23, the Coconino County Board of Supervisors voted unanimously to adopt a $460.4 million FY2027 budget and set the county'9s primary property tax rate at 0.478 per $100 of assessed value; staff said the rate falls but collections rise slightly because of increased valuations.
Coconino County'9s Board of Supervisors adopted the county'9s final fiscal year 2027 budget of $460,432,590 and approved a primary property-tax rate of 0.478 per $100 of assessed valuation at a June 23 special session.
The county'9s finance director, Siri Mullaney, told the board that although the primary rate falls from 0.483 to 0.478, overall property-tax collections will increase modestly because assessed valuations rose across the county. Mullaney emphasized the difference between market value, assessor'9s market (full-cash) value and taxable (limited) value, and walked the board through a sample homeowner calculation showing a roughly $13 annual increase in total county levies when primary and secondary taxes are combined.
The board framed the budget decision around preserving essential public services and operational stability. County Manager and Deputy County Manager staff said the FY2027 budget aligns with the county'9s strategic priorities and maintains a $15 million one-time stability fund plus an emergency reserve equal to 25% of general-fund revenue. Those reserves, officials said, are intended to smooth cash flow for disaster response and other unanticipated costs.
Mullaney and other staff highlighted major revenue drivers and pressures: local and state-shared sales taxes and federal and state grants can vary year to year; personnel and operational costs continue to rise. The board noted the county still has one of the lowest primary property-tax rates in Arizona while funding sheriff, courts, health services and other core services.
The board approved the tentative budget adjustments and then adopted the final budget by unanimous roll-call vote. The adoption followed the county'9s statutory Truth-in-Taxation process; staff said the county mailed required notices and offered a public-comment opportunity, with no public speakers recorded during the hearing. The finance office will complete statutory filings and coordinate tax-levee implementation in the coming weeks.
