The Maricopa County Board of Supervisors will hold a public hearing on June 22 to vote on final approval of its fiscal year 2027 budget, following the adoption of a tentative $4.157 billion budget on May 18, according to a June 1 announcement from the county.
The Board, which also oversees the Flood Control and Library districts, will provide an opportunity for residents to comment before the final vote. The FY 2027 budget proposes an overall lower tax rate. The primary property tax rate is set at $1.1463 per $100 of assessed value, down from $1.4009 seven years ago. Despite this decrease in rate, increases in property values may result in higher taxes for some homeowners because the Limited Property Value can rise by up to five percent or by the Full Cash Value amount, whichever is lower.
The “Truth in Taxation” hearing is mandated by law and allows taxpayers to voice their opinions regarding proposed levies resulting from rising property values even as overall rates decline. Proposed changes include a primary property tax increase of $16,463,705 (2.34%), raising taxes on a $100,000 home from $112.01 to $114.63; a secondary property tax increase for the Flood Control District of $3,665,007 (4.54%), increasing taxes on such homes from $13.66 to $14.28; and another secondary increase for the Library District of $1,005,417 (3.59%), moving taxes from $4.46 to $4.62 per year.
All interested citizens are invited to attend the public hearing scheduled for June 22 at 9:30 a.m., located at the Board of Supervisors’ Auditorium at 205 W. Jefferson Street in Phoenix. This notice will be published in the Arizona Business Gazette on June 4 and June 11, as required by state statute.
Following this process, the Board will meet again on August 17 to vote on final approval of any proposed tax levy changes for FY 2027.
In Maricopa County schools during recent academic years, standardized test results show that student performance has been mixed: For example, only about one-third passed mathematics sections across grades and high schoolers during both AASA and ACT assessments while just over half failed English sections across similar grade levels, according to the Arizona Department of Education.
