Pinal County tax rate to drop
by Mark Cowling | Casa Grande Dispatch
Pinal County’s primary property tax rate would decrease from $3.83 per $100 of net assessed value to $3.79 in a tentative budget the Board of Supervisors approved on Wednesday.
Property owners may or may not notice a decrease because of rising assessed values. New construction valuation represented growth of $60 million or 2.56 percent, and the increase in existing property valuation was $105.5 million or 4.48 percent. Local excise tax and State Shared Revenue growth is estimated at 5 to 6 percent.
Supervisor Anthony Smith, R-Maricopa, said the tentative budget is the “rosiest picture this board has seen,” with steadily increasing revenues and efficient spending. Supervisor Steve Miller, R-Casa Grande, agreed, noting the budget battles of prior years.