Notice of Proposed Primary Tax Levy Increase and Municipal Streetlight Improvement Districts Property Taxes Decrease for FY 2025/26
Published:
Apr 25, 2025Meeting Date:
May 20, 2025, 5:00 PMDescription:
The city of Scottsdale hereby gives notice that for fiscal year 2025/26, it may increase its primary property tax levy over last year. The increase in tax levy is primarily due to the two percent statutory adjustment which is partially offset by the decrease of tort liability payments compared to last year. The primary tax rate of $0.4958 may decrease to a rate of up to $0.4891 per $100 of assessed valuation to support its budgeted expenditures.
Additionally, the city hereby gives notice that it may decrease the tax levies for the Municipal Streetlight Improvement Districts (SLIDs).
Included below are links to the schedule of property tax levies and rates and written report supporting the proposed possible increase in the primary property tax levy, and the schedule and written report supporting the proposed decrease tax levies for the SLIDs).
This notice does not mean that the city is increasing the primary property tax levy, but that the City Council may discuss a possible primary property tax levy increase and rate decrease to $0.4891 during the City Council Tentative Budget Meeting that is presently scheduled for 5 p.m. on Tuesday, May 20, 2025, at Scottsdale City Hall Kiva Forum, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona.
A SLIDs public hearing, Property Tax Public Hearing, and a Truth in Taxation Hearing are presently scheduled for the Tuesday, June 10, 2025, City Council meeting at 5 p.m. at Scottsdale City Hall Kiva Forum, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona.
Following that public hearing, formal adoption of the ordinances for the SLIDs and City Property Tax levies is planned to take place at the City Council Meeting on Tuesday June 24, 2025, at 5 p.m. at Scottsdale City Hall Kiva Forum, 3939 N. Drinkwater Boulevard, Scottsdale, Arizona, which is no sooner than 60 days after the posting of this notice.
The meetings listed are also broadcast electronically through Cox Cable Channel 11 and streamed online at ScottsdaleAZ.gov (search “live stream”). Please check the City Council website for the specific agenda for these meetings and the latest updates regarding meetings and the opportunity for public participation and comment.
Meeting Location:
City Hall Kiva
3939 N Drinkwater Blvd.Scottsdale, AZ 85251
3939 N Drinkwater Blvd.
Scottsdale, AZ 85251