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City budget, property tax hearings set
By Carol Broeder/Arizona Range News
The Willcox City Council will hold two public hearings on the city's fiscal year 2009-2010 budget.
They are scheduled for Monday, July 20, and Monday, Aug. 3, both at 7 p.m. in Council Chambers, 300 W. Rex Allen Drive.
Since the primary property tax assessment rate has not increased and is less than the maximum, the city is not required to hold separate Truth in Taxation hearings for the primary property tax levy, said Ruth Graham, the city's finance director.
Each year the city levies property tax assessments on real property in the city.
"The city's portion of property tax payments that you make to Cochise County for 2008 was about 10 percent of the total amount due," she said.
For example, on a home with a full cash value of $69,104, the 2008 property tax bill from the county totaled $673.96, said Graham, adding, "Of that amount, the city received a total of $70.17."
The remainder went to other entities like the school district, the hospital, and the county, she said.
"The city, as well as other entities, levies both a primary property tax and a secondary property tax," Graham said.
Primary property tax is used to pay for city operations such as the police, fire, parks, etc., she said.
"The amount of the primary property tax levy is limited and cannot increase over two percent of the previous year's maximum allowable primary levy (not counting property not taxed the previous year, such as new construction and newly annexed property)," Graham said.
The two percent increase is based on the prior year maximum allowable levy, she said.
The 2008 levy by the city totaled $65,069 on property valued at $20,266,298 for a levy rate of .2999, said Graham, explaining that translates to a primary property tax of $29.99 on a home valued at $100,000.
The 2009 maximum levy is limited to .2955 or $67.566, she said.
However, city council has "established a lower levy limit for 2009, totaling $66,088, for a rate of .2890," Graham said.
"The 2009 primary property tax charged on a home valued at $100,000 will total $28.90, a reduction of 2.2 percent, or about 65 cents," she explained.
The city also assesses a secondary property tax for payment of general obligation debt, Graham said.
Since the voters have to approve all secondary taxes, the council cannot establish one without voter approval or court order, she said.
"The 2009 levy will total $153,043, a reduction of $9,717 from 2008," said Graham.
Written comments accepted until 4 p.m. on the day of the public hearing at 101 S. Railroad Ave., Suite B
They are scheduled for Monday, July 20, and Monday, Aug. 3, both at 7 p.m. in Council Chambers, 300 W. Rex Allen Drive.
Since the primary property tax assessment rate has not increased and is less than the maximum, the city is not required to hold separate Truth in Taxation hearings for the primary property tax levy, said Ruth Graham, the city's finance director.
Each year the city levies property tax assessments on real property in the city.
"The city's portion of property tax payments that you make to Cochise County for 2008 was about 10 percent of the total amount due," she said.
For example, on a home with a full cash value of $69,104, the 2008 property tax bill from the county totaled $673.96, said Graham, adding, "Of that amount, the city received a total of $70.17."
The remainder went to other entities like the school district, the hospital, and the county, she said.
"The city, as well as other entities, levies both a primary property tax and a secondary property tax," Graham said.
Primary property tax is used to pay for city operations such as the police, fire, parks, etc., she said.
"The amount of the primary property tax levy is limited and cannot increase over two percent of the previous year's maximum allowable primary levy (not counting property not taxed the previous year, such as new construction and newly annexed property)," Graham said.
The two percent increase is based on the prior year maximum allowable levy, she said.
The 2008 levy by the city totaled $65,069 on property valued at $20,266,298 for a levy rate of .2999, said Graham, explaining that translates to a primary property tax of $29.99 on a home valued at $100,000.
The 2009 maximum levy is limited to .2955 or $67.566, she said.
However, city council has "established a lower levy limit for 2009, totaling $66,088, for a rate of .2890," Graham said.
"The 2009 primary property tax charged on a home valued at $100,000 will total $28.90, a reduction of 2.2 percent, or about 65 cents," she explained.
The city also assesses a secondary property tax for payment of general obligation debt, Graham said.
Since the voters have to approve all secondary taxes, the council cannot establish one without voter approval or court order, she said.
"The 2009 levy will total $153,043, a reduction of $9,717 from 2008," said Graham.
Written comments accepted until 4 p.m. on the day of the public hearing at 101 S. Railroad Ave., Suite B
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