Scottsdale City Council adopts FY 2016-17 property tax levies

During the June 21 Scottsdale City Council meeting, the council adopted the 2016-17 property tax levies.

The council set the primary tax rate at $0.5071 per $100 of assessed valuation; and the secondary tax rate at $0.6219 per $100 assessed valuation. This tax rate represents a 2.22 cent decrease from the fiscal year 2015-16 adopted rate of 52.93 cents per $100 of assessed valuation.

The 2016-17 secondary property tax rate of 62.19 cents per $100 assessed valuation is 0.25 cents less than the fiscal year 2015-16 adopted rate of 62.44 cents per $100 assessed valuation.

Councilwoman Linda Milhaven made a motion to adopt Ordinance No. 4258. Councilwoman Suzanne Klapp seconded the motion, which carried 7-0.

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