Peoria officials will conduct a public hearing on May 20 to discuss the city’s proposed primary property tax levy for fiscal year 2026. While the city is required under Arizona law to issue a Truth in Taxation notice, the overall property tax rate will remain unchanged at $1.44 per $100 of assessed value—comprising a primary rate of $0.29 and a secondary rate of $1.15.
According to the city’s announcement, if a home's assessed value remains the same, the tax bill will also remain unchanged. For example, a home valued at $100,000 would still incur a total property tax of $144—identical to last year. The notice of a 3.13% increase in primary property tax revenue, totaling $194,397, is due to increased property valuations across the city, not a change in the tax rate itself.
This statutory notice, required under Arizona Revised Statutes section 42-17107, applies only to the primary property tax portion and excludes revenue from new construction, bonded indebtedness, or voter-approved budget overrides. The hearing offers residents a chance to understand how valuation changes—not rate adjustments—may affect individual tax bills.
All interested citizens are invited to attend the public hearing, which will be held at 6 p.m. on May 20 at the Peoria City Council Chamber, 8401 W. Monroe Street.
Editor's Note: This article has been updated for clarity.
