Attention homeowners: you’re going to see some relief coming in this next fiscal year.
The city of Maricopa is looking to drop property tax rates once again, according to the city manager’s proposed budget for the 2027 fiscal year. This marks the eighth consecutive reduction in the tax rate and a slight reduction in annual property tax bills.
Primary property tax rates will drop from 3.48% to 3.33%, while secondary property tax rates will drop from 0.59% to 0.55%. These taxes are used to fund expenditures in public safety.
Last year, Chief Financial Officer Matt Kozlowski said it was a way to put money “back into residents’ pockets,” and said it was a “conservative way of making sure that a resident is protected and not paying too much in sales tax.”
That relief may not last forever. Last year, city officials hinted the act of consistently lowering property tax rates will eventually have to end, especially as the city loses out on some revenue sources due to legislative changes last year.
City council members will review the proposed budget during a work session Thursday at Maricopa City Hall. This is a shift from previous years when the Budget and Finance Council Subcommittee meeting — typically consisting of several council members — met once or twice per year to review and offer feedback on the operating and capital improvement plan budgets.
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7 Responses
BUT I NEED TO BITCH ABOUT MY TAXES IN THE COMMENTS SECTION OF THE LOCAL PAPER!!!
What am I supposed to do now???
Thanks a lot, Manfredi!!! 😉
I’d say “tax the rich,” but I don’t think Maricopa has any rich people living here.
The Rich wouldn’t be caught dead living here.
Interesting, the 0.15% decrease on the City portion of the tax bill is being touted as a win with “Matt Kozlowski said it was a way to put money “back into residents’ pockets,””. But the assessed value which is multiplied against the tax rate to calculate what is owed has increased by 5.00%. This means your City primary tax will increase by 0.02% and your overall bill could be a 5% increase. I think Matt should have said “putting hands back into our pockets” to be more precise. They take a victory lap every year when they announce the “lower” tax rate while neglecting to give the true picture.
I’d prefer house values to go back up again so I can GTFO without taking a loss.
Probably won’t happen until the city is built out. Too many new builds with financing offers are driving down sales prices in established neighborhoods.
The second property tax was established by a 2025 referendum that voters (narrowly) supported to fund mental health facilities for junkies & homeless, not for “public safety”.
These same people that supported this initiative (lunacy) are likely the same ones now complaining about the increased cost of rent.
Know what you support, people.