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Maricopa Community Colleges >> Business Services Division >>Financial Planning & Budget
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Property Tax Information

Background

Property Taxes represents a major source of support for the general operations and capital needs of the Maricopa Community College Districts. It is the main revenue source in the General Fund (Fund 1) budget. For Fiscal Year 2008-2009, property taxes amounts to $347,905,170 or equal to 57.95% of General Fund revenue budget of $600,390,296. For more detailed FY 2008-2009 Budget, please visit Adopted Budget page.

FY 2008 - 2009 Property Tax Rates

The following illustrates the property tax that owners of homes with varying assessed valuation may expect to pay in FY 2008-09.

Property Taxes for Various Home Values
Tax Rates Per $100 Assesed Value Aprox. Value For Taxes $100,000 $150,000 $200,000 $250,000 $300,000
Assesments Ratio @10% $10,000 $15,000 $20,000 $25,000 $30,000
$0.7752 Primary Tax $77.52 $116.28 $155.04 $193.8 $232.56
$0.1634 Secondary Tax $16.34 $24.51 $32.68 $40.85 $49.02
$0.9386 Total Combined Tax $93.86 $140.79 $187.72 $234.65 $281.58

From the table above, if your home is valued at $100,000 for tax purposes, the property tax due to Maricopa Community Colleges will be $93.86

For more information about your residential property taxes and valuation, please visit the Maricopa County Assessor web site.

Historic Tax Rates FY 1995-1996 to FY 2008-2009

Rates per $100 of Assessed Valuation
Fiscal Year
Primary
Secondary
Total
2008-09
$0.7752
$0.1634
$0.9386
2007-08
$0.8246
$0.1514
$0.9760
2006-07
$0.8815
$0.1831
$1.0646
2005-06
$0.8936
$0.1379
$1.0315
2004-05
$0.9211
$0.1161
$1.0372
2003-04
$0.9410
$0.1375
$1.0785
2002-03
$0.9634
$0.1493
$1.1127
2001-02
$0.9583
$01524
$1.1107
2000-01
$0.9691
$0.1503
$1.1194
1999-00
$0.9741
$0.1544
$1.1285
1998-99
$0.9866
$0.1259
$1.1125
1997-98
$0.9747
$0.1599
$1.1346
1996-97
$0.9772
$0.0704
$1.0476
1995-96
$0.9455
$0.1675
$1.1130

 

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June 23, 2008
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Maricopa Community Colleges
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WWW MCCCD Dist. Office
2411 West 14th Street · Tempe, AZ · 85281
 
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