PHX Reporter

A new report highlights Maricopa County's efficient use of taxpayer dollars, low debt levels, and economic strength compared to other large counties. The 2024 Popular Annual Financial Report reveals that Maricopa County spent $784 per resident in FY 2024, significantly less than the average $1,748 spent by similar-sized counties like Los Angeles County, Cook County in Illinois, and Harris County in Texas.

"Despite being the fourth most populous county in the nation, Maricopa County has once again set a strong example for being a responsible steward of taxpayer dollars," said Chairman Thomas Galvin of the Maricopa County Board of Supervisors. He expressed optimism about future budgetary innovations to maximize taxpayer dollar impact.

Vice Chair Kate Brophy McGee noted that over 40% of per-resident expenditures support public safety measures. "Public safety is one of my office's top priorities," she stated, emphasizing its importance for crime investigation and prosecution and services for vulnerable populations.

The report also detailed property tax distributions totaling $6 billion in FY 2024 across various entities, with schools and community colleges receiving 65% of proceeds. Despite increased assessed property values by $11.5 billion since FY 2020, the Board of Supervisors reduced property tax rates from 1.64% to 1.41% over four years.

Comparisons were made with ten U.S. counties with large geographic sizes and major urban centers, including Los Angeles County and Cook County.

The report was compiled by the Maricopa County Office of Budget and Finance. The full document is available at their website.