Maricopa Colleges Board Considers Tax Increase
At a June 15 public hearing, the Maricopa Community Colleges Governing Board will consider raising property taxes within the limit permitted in the state constitution and statute (A.R.S ß15-1461.01).
About 60 percent of the districtís operational budget is generated by property taxes. This increase in primary property taxes will result in $80.84 taxes on a $100,000 home as compared to $79.26 per year if the district did not maximize its levy; a difference of $1.58. The proposed 2% increase would produce an estimated $7,401,166 in revenues. Details concerning the impact of this proposal, as compared to not increasing taxes, are listed in the Truth in Taxation notice published in the Arizona Republic on May 31 and June 8, 2010.
District officials say the additional revenues are needed to pay for increased expenses to support 259,300 projected student enrollments at the ten Maricopa Community Colleges and two skill centers. Priority needs include additional faculty, student support, faculty and staff compensation, operating support for new buildings and other inflationary adjustments.
The Maricopa Community Colleges are the stateís single largest provider of higher education and the job training. More than a quarter-million students are enrolled in credit and non-credit courses offered by the Maricopa Community Colleges each year. Also, more than 50-percent of all baccalaureate degree recipients at Arizona State University have attended one of the Maricopa Community Colleges.
The publicly elected five-member Governing Board will meet on Tuesday, June 15, 2010 at the Maricopa Community Colleges District Office, 2411 W. 14th Street, Tempe, Arizona at 6:00 PM. The Governing Board will consider a motion to levy the increased property tax by a roll call vote. Any increase would take effect on July 1, 2010.
The Districtís proposed budget may be viewed online at District Budget
Please note: Truth in Taxation notice attached
Truth in Taxation Hearing
Notice of Tax Increase
In compliance with 15-1461.01, Arizona Revised Statutes, Maricopa County Community College District is notifying its property taxpayers of Maricopa County Community College District's intention to raise its primary property taxes over last year's level. The Maricopa County Community College District is proposing an increase in primary property taxes of $7,401,166 or 2.00%.
For example, the proposed tax increase will cause Maricopa County Community College District's primary property taxes on a $100,000 home to increase from $79.26 (total taxes that would be owed without the proposed tax increase) to $80.84 (total proposed taxes including the tax increase).
This proposed increase is exclusive of increased primary property taxes received from new construction. The increase is also exclusive of any changes that may occur from property tax levies for voter approved bonded indebtedness or budget and tax overrides.
All interested citizens are invited to attend the public hearing on the tax increase that is scheduled to be held on Tuesday June 15, 2010, @ 6:00 p.m., at the District Support Service Center of the Maricopa County Community College District, located at 2411 W. 14th Street, Tempe, Arizona.