Town of Huachuca City Truth in Taxation Hearing Notice of Property Tax Increase

Truth in Taxation Explained
The accompanying Truth in Taxation notice is required by Arizona state law. The required notice addresses the Town of Huachuca City’s primary property tax, which supports the General Fund services such as police and fire, parks and recreation, library, general administration, and other community services.
For the fiscal year 2023-24, the Town of Huachuca City proposes a primary property tax rate of $1.6117 per $100 of assessed valuation. This rate represents an increase from the previous year’s rate of $1.3064 per $100 of assessed valuation. The Cochise County Assessor’s Office has reported an average increase of 2% in property assessed valuation. It’s important to note that individual experiences may vary due to unique property characteristics.
State law requires the notice below any time the average primary property tax bill increases:
Truth in Taxation Hearing Notice of Tax Increase
In compliance with section 42-17107, Arizona Revised Statutes, the Town of Huachuca City is notifying its property taxpayers of the Town of Huachuca City’s intention to raise its primary property taxes over last year’s level. The Town of Huachuca City is proposing an increase in primary property taxes of $25,271 or 25.59%.
For example, the proposed tax increase will cause the Town of Huachuca City’s primary property taxes on a $100,000 home to be $161.17 (total proposed taxes including the tax increase). Without the proposed tax increase, the total taxes that would be owed on a $100,000 home would have been $128.33.
This proposed increase is exclusive of increased primary property taxes received from new construction. The increase is also exclusive of any changes that may occur from property tax levies for voter approved bonded indebtedness or budget and tax overrides.
All interested citizens are invited to attend the public hearing on the tax increase that is scheduled to be held on August 3rd, 2023, at 6pm, at 500 N Gonzales Blvd. Huachuca City, AZ. 85616. Published in the Sierra Vista Herald on July 19 and July 26, 2023.