Yavapai Community College officially announces intent to seek primary property tax rate increase for all County residents
Yavapai Community College has notified taxpayers that it will seek approval from the five member Yavapai Community College District Governing Board to increase County residents primary property tax rate by 5% at the District’s May 16 meeting. The tax rate can be increased by a simple majority vote of the five member Yavapai Community College District Governing Board.
The following is the tax rate increase notice the College sent to local newspapers:
In compliance with section 15-1461.01, Arizona Revised Statutes, Yavapai Community College District is notifying its property taxpayers of Yavapai Community College District’s intention to raise its primary property taxes over last year’s level.
The Yavapai Community College District is proposing an increase in primary property taxes of $2,553,300 or 5%.
All interested citizens are invited to attend the public hearing on the tax increase that is scheduled to be held on Tuesday, May 16, at 1 p.m. at the Yavapai College Prescott Campus – Community Room 19-147, 1100 E. Sheldon Street, Prescott.
As an example, the proposed tax increase will cause Yavapai Community College District’s primary property taxes on a $100,000 home to increase from $143.66 (total taxes that would be owed without the proposed tax increase) to $150.84 (total proposed taxes including the tax increase).
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.
Yavapai College operates six campuses and centers throughout Yavapai County and offers over 100 degrees and certificates, a baccalaureate degree, student and community services, and cultural events and activities.
Information provided by Yavapai College. https://www.yc.edu/v6/district-governing-board/members.html (Link to Governing Board Members web page is https://www.yc.edu/v6/district-governing-board/members.html)