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Published on May 04, 2024
Buckeye Residents to Address Proposed Property Tax Hike at June 4 City Council MeetingSource: Google Street View

Buckeye, AZ residents are getting ready to voice their opinions on the city's proposed property tax increase which has been a major topic of discussion lately. The City of Buckeye has announced a public hearing to be held on June 4, at 530 E. Monroe Ave, giving constituents the chance to openly discuss their concerns and provide feedback on the matter. The meeting is set to begin promptly at 6 p.m. and is part of the regularly scheduled City Council meeting.

The proposed changes reveal an increase in Buckeye's primary property taxes by roughly $300,247, which translates to a two percent rise compared to the previous fiscal year, according to an announcement on the city’s website. The hike is a direct result of an uptick in the total assessed property values, as reported by the Maricopa County Assessor's Office. It is important to note that this figure does not even begin to include property taxes received from new construction or any potential changes stemming from property tax levies, bonded indebtedness, or budget and tax overrides.

For those with a keen eye on their expenses, the proposed tax increase will bump up Buckeye’s primary property taxes on a $100,000 home to $160.77. By comparison, if the increase weren't adopted, the figure owed would stand slightly lower at $157.62. A notice about this tax change will be published in the Arizona Republic on May 17 and May 25, as part of the city’s commitment to transparency under Section 42-17107 of the Arizona Revised Statutes. Residents interested in the fine print on the budget proposals can find more details by visiting buckeyeaz.gov/budget.

During the public hearing, residents will have the opportunity to fill out a comment card to voice their opinions on the subject. The City Council Agenda and packet, which will delve into further detail regarding the tax agenda item, will be available for review after the close of business on May 31, 2024. It's an open call for all interested parties to attend and have their say.