Notice of proposed tax increases FY 2020/21 Primary Property Tax Levy & Municipal Streetlight Improvement Districts property taxes

NOTICE OF PROPOSED TAX INCREASES FY 2020/21

PRIMARY PROPERTY TAX LEVY &  MUNICIPAL STREETLIGHT IMPROVEMENT DISTRICTS PROPERTY TAXES

Pursuant to A.R.S. § 9-499.15, the City of Scottsdale hereby gives notice that for fiscal year 2020/21, it may raise its primary property tax levy over last year.  Due primarily to an increase in tort liability claims, the primary tax rate of $0.5198 may increase to a rate of up to $0.5372 per $100 of assessed valuation to support its budget expenditures.

Additionally, the City hereby gives notice that it may increase the tax levies for the Municipal Streetlight Improvement Districts (SLIDs).

Links to the schedule of property tax rates and levies and written report supporting the proposed possible increase in the primary property tax levy, and the schedule and written report supporting the proposed increased tax levies for the SLIDs are included below (scroll down).

This notice does not mean that the City is increasing the primary property taxes to the rate of $0.5372  but that the City Council may discuss a possible primary property tax levy increase and increased rate of up to $0.5372 during the City Council Tentative Budget Meeting that is presently scheduled for the 5:00 p.m. Tuesday, May 19, 2020 City Council meeting, which may be held remotely through electronic means or  at Scottsdale City Hall Kiva Forum, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona.

A SLIDs Public Hearing and a Truth in Taxation Hearing is presently scheduled for the 5:00 p.m. Tuesday, June 16, 2020 City Council meeting, which may be held remotely through electronic means or at Scottsdale City Hall Kiva Forum, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona. 

Formal adoption of the SLIDs ordinance and Property Tax levies is planned to take place after the Public Hearing and Truth in Taxation Hearing on TUESDAY, JUNE 30, 2020 AT 5:00 P.M., which City Council meeting may be held remotely through electronic means or at Scottsdale City Hall Kiva Forum, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona, and which is no sooner than 60 days after the posting of this notice.

Schedule of property tax rates and levies and written report of possible increase in primary property taxes FY2020-21 (PDF)

Schedule and written report of Municipal Streetlight Improvement Districts proposed tax levy increases (PDF)