Peoria Property Tax Rate to Stay Constant, Proposed Minor Hike on Primary Tax

Residents of Peoria, take note: your city's property tax rates are set to remain unchanged for the fiscal year 2026. The city's total tax rate will hold steady at $1.44 per $100 of assessed value, with the secondary rate at $1.15 and the primary rate at $0.29, exactly the same as in fiscal year 2025. For homeowners, this means that if your property's value hasn't shifted, neither will the amount you owe in property taxes. So a $100,000 home will continue to be taxed at $144, consistent with the current year's rate. The City of Peoria relayed this information on its official website.

However, Peoria is also looking to slightly increase its primary property tax revenue. In a move to generate an additional $194,397—a 3.13 percent hike from last year—the city proposes to up the tax burden on a $100,000 home by 88 cents, pushing the cost from $28.12 to an even $29.00. This proposed uptick pertains to the primary property taxes and doesn't account for the funds procured from new construction.

Those interested or concerned about these changes will have the opportunity to voice their opinions. A public hearing on the proposed tax increase is scheduled for June 3 at 6 p.m. in the Peoria City Council Chamber, situated at 8401 W. Monroe Street, Peoria, Arizona, according to the City of Peoria. Per this mandate, the notice will also be published in the local "Peoria Times" today and will appear in the "Arizona Republic" on May 26. For those seeking further clarification or details on the tax rates or the upcoming hearing, the city of Peoria Budget Office is readily accessible at 623-773-7681 to answer any questions.