MOHAVE COUNTY – Mohave County Free Library District has prepared its truth in taxation information for the fiscal year 2019-2020 budget in compliance with Arizona Revised Statutes § 48-254.
According to the 2019 levy limit referenced by the Arizona Department of Revenue Property Tax Oversight Commission (PTOC), Mohave County Free Library’s truth in taxation rate is $0.2632. Mohave County Free Library District is proposing a rate of $0.2716 which is $0.0084 higher than the truth in taxation rate. It is proposed to levy $5,182,675 in fiscal year 2019-2020 which is an increase of $157,015 or 3% above the PTOC truth in taxation amount.
The proposed tax increase will cause Mohave County’s secondary property taxes on a $100,000 home to be $27.16. Without the proposed tax increase, the total taxes that would be owed on a $100,000 home would have been $26.32. The increase is exclusive of increased secondary property taxes received from new construction and is also exclusive of any changes that may occur from property tax levies for voter approved bonded indebtedness.
The County Board of Supervisors will hold a public hearing on the proposed fiscal year 2019-2020 budget, tax rates and levies on Monday, August 5, 2019 beginning at 9:30 a.m. in the Mohave County Administration Building, 700 W. Beale Street, Kingman, Arizona. All interested citizens are invited to attend.
Mohave County Board of Supervisor meetings are open to the public and can be viewed live through the County’s website at www.mohavecounty.us. For more information about Mohave County’s 2019-2020 proposed tax rates or budget, please contact the Mohave County Financial Services Department at 928-753-0735 or by email at coral.loyd@mohavecounty.us.
