MCCCD to consider property tax increase - East Valley Tribune: Business

MCCCD to consider property tax increase

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Posted: Wednesday, May 8, 2013 7:24 am | Updated: 11:23 am, Thu May 16, 2013.

The Maricopa County Community Colleges Governing Board will consider raising property taxes within the limit permitted by the state May 21.

The increase in property taxes would result in $128.96 taxes on a $100,000 home, an increase of $2.53 compared to $126.43 per year if the district doesn’t maximize the levy. The proposed 2 percent increase would provide an estimated $8.1 million in revenues.

Approximately 60 percent of the district’s operational budget is generated by property taxes. District officials say the additional revenues are needed to support a projected student enrollment of more than 260,000 at the Maricopa Community Colleges, skill centers and multiple satellite locations countywide. Priority needs include additional faculty, student support, faculty and staff compensation, operating support for new buildings and inflationary adjustments.

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