Budge t Class 5 June 26, 2020 WSG: Danie l S. Duc hon Mike T - PDF document

6/26/2020 Budge t Class 5 June 26, 2020 WSG: Danie l S. Duc hon Mike T ownse nd Budge t Manage r Chr istian Palme r Coc hise County PSPR S 1 T oday  Pro pe rty T a x  Ho w the y a re c a lc ula te d  Asse sse d Va lue s  Ra te s  L e vie s  Spe c ia l Distric ts 2 1

6/26/2020 T AXAT I ON PROPE RT Y PR OPE R T Y I S T HE F T !! I S T HE F T !! T AX 3 Pro pe rty T a xe s ASSE SSE D VAL UE x R AT E = L E VY 4 2

6/26/2020 Pro pe rty T a xe s ASSE SSE D VAL UE x R AT E = L E VY 5 Pro pe rty T a xe s (VAL UE x Asse ssme nt R atio) x R AT E = L E VY 6 3

6/26/2020 Pr ope r ty T ax – T e r ms & Conc e pts  Ce ntra lly Asse sse d vs. L o c a lly Asse sse d  F ull Ca sh Va lue (F CV) vs. L imite d Pro pe rty Va lue (L PV)  Prima ry Pro pe rty T a x vs. Se c o nda ry Pro pe rty T a x  L e g a l Cla ss & Asse ssme nt Ra tio s  PI L T  T ruth in T a xa tio n  Ne w Co nstruc tio n 7 L e gal Class & Asse ssme nt R atios - se e wor kshe e t 8 4

6/26/2020 DD1 T r uth in T axation – se e wor kbook ASSE SSE D VAL UE R AT E L E VY 9 Ra te s 10 5

6/26/2020 Ra te s 11 Ra te s – T a xing Autho ritie s 12 6

6/26/2020 13 Spe c ial Distr ic ts “spe c ia l distric ts a re the c o rne rsto ne o f de mo c ra c y” Da nie l S. Duc ho n, 2020  Spe c ia l Distric ts a re little pie c e s o f Citie s  Ma ny, Ma ny o ptio ns:  Anti-no xio us we e d distric ts, Pe st c o ntro l, Munic ipa l impro ve me nt, F ire , Co unty impro ve me nt, Co unty T e le visio n I mpro ve me nt, Co mmunity pa rk ma inte na nc e , Co tto n pe st c o ntro l, Spe c ia l ro a d, Po we r distric ts, E le c tric a l, Ho spita l, Sa nita ry, pe st a b a te me nt, he a lth se rvic e s, a g ric ulture impro ve me nt, dra ina g e a nd flo o d, irrig a tio n, flo o d c o ntro l, multi-c o unty wa te r c o nse rva tio n, c o untry fre e lib ra ry, ja il distric ts, sta dium, g ro undwa te r re ple nishme nt, a c tive ma na g e me nt a re a , re g io na l pub lic tra nspo rta tio n, re g io na l tra nspo rta tio n, spe c ia l he a lth c a re , a g ric ultura l pre se rva tio n, pub lic he a lth se rvic e s, multi-jurisdic tio na l wa te r fa c ilitie s, re c re a tio n c o rrido r c ha nne liza tio n, the me pa rk, uppe r Sa n Pe dro wa te r distric t, re vita liza tio n distric ts 14 7

6/26/2020 Que stions Danie l S. Duc hon Budge t Manage r Coc hise County dduc hon@Coc hise .az.gov 15 8