Did you know?

Did you know?

• Arizona has the most complicated and complex property tax system in the nation.
  
  
• Arizona is the only state with primary and secondary property taxes.
  
  
• Passage of Prop 13 Arizona will require a new school funding program.
  
  
• When valuations decline tax rates automatically rise to assure no taxing district receives less tax revenue than the prior year.
  Click on this link and skip to the 1:07 mark to hear an example
  
  
• Arizona property taxes only go up unless bond issues are retired or overrides are allowed to expire.
  
  
• Taxing districts decide how much they want to spend, then look at the total value of property in their district, divide one by the other, come up with a tax rate, apply it to  your valuation, and send you your part of the bill.  Government’s desire to spend drives the process.
  
  
• Lines drawn through some initiative text indicate constitutional language the initiative deletes.  New text is in capital letters.  This is required by law.
  
  
• Howard Jarvis passed California’s Prop 13 with a 64% majority.  It was his 4^th attempt to pass the initiative.
  
  
• Property tax bills have no real relationship to the value of your property.
  
  
• The government can manipulate your property taxes just to fill their coffers.
  
  
• Property tax bills have no real relationship to the value of your property.
  
  
• California’s Prop 13 reduced tax rates from 3% to 1%.  It reduced property tax revenue by 57% in the first year yet all government services went on uninterrupted.
  
  
• After Prop 13 was adopted in California in 1978, residents and businesses paid a lower tax rate, yet REVENUE to Los Angeles county alone actually increased an average of 7.5% per year over the last 30 years.