The City of Maricopa is proposing an increase in property taxes. A public hearing is set June 19 at 7 p.m. during city council’s regular session.
Finance Director Brenda Hasler said the primary tax rate will not increase but the tax levy will. The tax rate will stay at $4.7845 per $100 of net assessed value.
“Due to increased property values, the overall amount the City is proposing to collect will increase,” Hasler said.
That required the “Truth in Taxation” notice and the public hearing.
With the increase in the net assessed value in the city, the primary tax levy will increase by $492,761 (4.2 percent) from the 2017-18 fiscal year. The City’s primary property taxes on a $100,000 home would be $478.45, an increase of $19.33.