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In compliance with section 42-17107, Arizona Revised Statutes, The Town of Florence is notifying its property taxpayers of Florence’s consideration of raising its primary property rate over last year’s rate. Florence is proposing an increase in primary property taxes of $14,618.23 or 1.43%.
The increased tax levy is based upon the increase in property values and potential increase to the rate. The revenue will be used in accordance to the proposed Tentative Budget that is available for review at Town Hall.
For example, the proposed tax increase will cause Florence’s primary property taxes on a $100,000 home to increase from $111.82 to $113.45 or $1.63, for the year.
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 July 17, 2017, 6:00 P.M. at Florence Town Hall at 775 N. Main Street, Florence, AZ.