Well it doesn’t happen every day but you got to give Pima County administrator Huckelberry and the controlling majority of the Board Of Supervisors qudos. They deserveĀ major credit for actually balancing a their budget WITHOUT raising property taxes. In fact the counties tax rateĀ has been lowered to its LOWEST IN 35 YEARS!
From today’s Citizen story by Gary Duffy – HERE.
The fiscal plan includes a decrease in the primary property tax rate from the current $3.39 per $100 valuation to $3.31 – the lowest in 35 years, Huckelberry told supervisors Monday in a budget memorandum.
Overall, it calls for a reduction in the combined property tax rate from the current $4.63 cents per $100 valuation to about $4.55 per $100 valuation.
The financial plan also notes the county will finish the current fiscal year with a balance of about $24.5 million, instead of a projected shortfall of almost $40 million.
About $6.7 million of the fund balance would go to property tax relief.
The county enacted across-the-board departmental budget cuts of 7 percent to 10 percent – except for the Pima County Sheriff’s Department – to avert the projected deficit.
“It went away because we managed it away,” Huckelberry said.
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And permanent photo radar setups. You gotta thank Chuck and the majority for that too.
“They deserve major credit for actually balancing a their budget WITHOUT raising property taxes. In fact the counties tax rate has been lowered to its LOWEST IN 35 YEARS!” Oh please-enough with the love notes. Property tax rates are based on property values and those values lag 2 years behind actual values. So right now Pima County is taxing property based on 2007 values-which was at the height of the housing boom. Let’s see what they do in 2010 and 2011 when the County is dealing with real estate prices that exist today! What you see Tucson and Oro Valley struggling with right now is what you’ll see Pima County dealing with next year.
James, a cut is a cut is a cut. I agree on the run up in new properties being built and the increased values over these past few years. Did Huck anticipate and bloat each departments budget in anticipation of having to cut? If he did he judged the market better than Wall Streat, foriegn invetors and our own US Gov.
The real challenge is 2010 and 2011 as you mention, don’t you think it’s going to be tougher to increase property taxes then? Why not leave rates alone bank until the tougher times next year?
Agree or not with the overall budget and management, a cut is a cut is a cut. Look at the mess Tucson is in, give credit when it’s due!
the only tax cut is in the case of the budget total decreasing. with an increasing property values/assesed valuation, the county has been able to increase the budget/spending with decreased tax rates. there is a phrase in detective stories,”follow the money”. in this case it is the total amont of the budget that is the only factor that determines a budget cut/reduced taxes. the rates are but a factor that is used in calculating how to axchieve the taxes to rase the funds for the budget.