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Pinal County continues to lower tax rate FY20/21
Pinal County is proud to be able to lower the tax rate for another year. On August 19, 2019, the Pinal County Office of Management and Budget proposed to the Board of Supervisors a primary property tax rate of $3.7900 per $100 of valuation. The proposal stemmed from an overall Pinal County Strategic Plan, Strategic Priority #4 - Financial Health. The goal, maintain a structural balance while investing in the County's future and reducing the primary property. Objective 4.2: Reduce the primary property tax rate at or below $3.7500 by fiscal year 2020/2021.
Director of the Pinal County Office of Management and Budget, Angie Woods stated, "Not many counties in the state have a strategic plan in place for primary property tax rate goals. This has been a great success for us and we are very satisfied with the outcome."
To get a better idea of what happens to a taxed one dollar bill in Pinal County, here are some insights. In the fiscal year 2019-2020, the Pinal County portion of the tax levy was roughly 26 cents. In the fiscal year 2010-2011, the tax levy was up 31 cents. The rate reduction over the past five years results in a significant amount of savings estimating $22 million in primary property tax levy reduction from the start of the fiscal year 2015-2016 tax rate at $3.999."Over the last several years, my fellow Board Members and I voted to decrease the property tax levy. By doing so, this $22 million goes back into the pockets of the residents in Pinal County," Supervisor Goodman said. "The Board of Supervisors and staff are working more efficiently with our taxpayer dollars as well as maintaining our reserve for a rainy day."
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