ARIZONA NEWS

Maricopa County Community College District proposes property tax rate savings

May 14, 2024, 8:00 PM | Updated: May 16, 2024, 7:38 am

A video screen at a presentation says Maricopa Community Colleges in this file photo. The Maricopa ...

The Maricopa County Community College District is proposing a property tax rate for the 2024-25 fiscal year. (Facebook File Photo/Maricopa Community Colleges)

(Facebook File Photo/Maricopa Community Colleges)

PHOENIX – The Maricopa County Community College District is moving to adjust its property tax rates to reduce Valley homeowners’ burden for the 2024-25 fiscal year.

Although MCCCD plans to increase its primary property tax, it also aims to lower the secondary rate, which would result in an overall decline on bills from the district.

Under the plan, the primary rate would go up by a about $1 per $100,000 in home value, but the overall MCCCD property tax bill would drop by 3%.

The current overall Phoenix-area community college system property tax rate is $113.88 per $100,000 in home value. It would go to $110.47 under the 2024-25 proposal.

The district is able to reduce the secondary rate because the principal and interest costs associated with its 2004 General Obligation bonds have declined in recent years.

Even though the overall MCCCD property tax will go down, the district is required to hold a Truth in Taxation hearing because the primary rate is rising.

The MCCCD Board of Governors will conduct a public hearing about the tax plan on May 28 at 6:30 p.m. It will be held at the Rio Salado College conference center at 2323 W. 14th St. in Tempe.

Video of the hearing will be posted to the board’s YouTube channel for future viewing.

MCCCD is one of multiple entities that collect property taxes in Maricopa County. The district’s property taxes are independent of rates levied by the county government, public school districts and other jurisdictions.

CORRECTION: An earlier version of this story, based on the Truth in Taxation Notice, only covered the proposed increase of the Maricopa County Community College District primary property tax rate without information about the secondary rate decrease.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Refuge Fire: Arson suspect arrested, given multiple charges...

Serena O'Sullivan

Arizona man accused of starting fire in wildlife refuge near California border

The Yuma County Sheriff's Office said a man accused of starting the Refuge Fire near the Arizona-California border was arrested.

1 hour ago

A Porter Airlines plane soars above the clouds. The Canadian carrier will debut a Phoenix-Toronto r...

Kevin Stone

Canada-based Porter Airlines to make Arizona debut with Phoenix-Toronto route

Porter Airlines, a Canadian carrier, will make its Arizona debut later this year with a new nonstop route between Phoenix and Toronto.

2 hours ago

deadly heat wave last summer...

Associated Press

After a deadly heat wave last summer, metro Phoenix is changing tactics

Fresh memories of the deadly heat wave last summer have led Arizona authorities to launch new tactics ahead of summer 2024.

3 hours ago

Suspect dead after shooting involving Phoenix Police officer...

KTAR.com

Suspect dead, police officer injured after shootout in Phoenix

A suspect is dead after a shooting involving an officer with the Phoenix Police Department on May 28, 2024, authorities said.

4 hours ago

Bar and grill chain Cold Beers & Cheeseburgers is opening its 17th location in Arizona and first in...

Bailey Leasure

Cold Beers & Cheeseburgers to open new location in Surprise

Bar and grill chain Cold Beers and Cheeseburgers is opening its 17th location in Arizona and first in Surprise.

6 hours ago

Loop-101-off-ramp...

Nick Borgia

Loop 101 off-ramp set to close in Scottsdale for highway expansion

The off-ramp of northbound Loop 101 at Frank Lloyd Wright Boulevard is scheduled to be closed for approximately 60 days, officials announced.

6 hours ago

Sponsored Articles

...

Sanderson Ford

3 new rides for 3 new road trips in Arizona

It's time for the Sanderson Ford Memorial Day sale with the Mighty Fine 69 Anniversary, as Sanderson Ford turned 69 years old in May.

...

Collins Comfort Masters

Here’s how to be worry-free when your A/C goes out in the middle of summer

PHOENIX -- As Arizona approaches another hot summer, Phoenix residents are likely to spend more time indoors.

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

Maricopa County Community College District proposes property tax rate savings