Frequently Asked Questions
- Does Not Set Tax Rates.
- Does Not Send Tax Bill.
- Does Not Collect Taxes.
When do I file an appeal?
1. If you believe the Full Cash Value on your Notice of Valuation is higher than actual Market Value or the Legal Class is incorrect according to current use, you will want to file a "Petition for Review," DOR 82130. Notice of Valuation is mailed on March 1. The valuation is used for the next calendar year's tax computations. Petition for Review of Real Property Valuations (Vacant, Residential, Commercial, and Agricultural) are available to the property owners from March 1st through April 29. Petitions are available from the Assessor's Office and the Board of Supervisors offices.
How is my Mobile Home valued?
In Arizona, Mobile Homes are VALUED by taking the original factory List Price minus a depreciation factor based on age. When a Mobile Home is acquired, title is used by the Arizona Department of Transportation OR the owner can record an Affidavit of Affixture, which will add the Mobile Home value to the property value.
What is an Affidavit of Affixture?
An Affidavit of Affixture is a document that legally secures personal property to real property.
What is the Full Cash Value?
The Full Cash Value is the market value of the land and any improvements. Full Cash Value is also the basis for computing secondary taxes for bonds, budget overrides and special districts such as fire, flood control and other limited purpose district.
What is the Limited Value?
Limited Value is the basis for computing primary taxes for the maintenance and operation of school district cities, community college districts, counties, and the state.
What is Real Property?
Real Property includes land, buildings, and other improvements on the land.
How is my Real Property taxed?
Tax rates are set by all budget authorities and are separates into two types. 1. Primary Rates are set by governmental entities such as counties and cities and towns. They are applied to the "limited value" to determine taxes due. These taxes are used for the basic expenses of government and schools.
2. Secondary Rates are set by special districts, fire districts and bond issues. Usually taxpayers vote for these districts and bonds, so the rates are applied to the Full Cash Value to determine taxes due.
How is my Real Property valued?
The Assessor is mandated by Arizona State Statutes to value property at its Full Cash (Market) Value. Full Cash Value is the basis for assessing, fixing, determining and levying secondary property taxes. There are three methods of appraising value: Sales Comparison, Replacement Cost And Income.
1. Sales Comparison: It is also known as Market. This method compares your property to other similar properties that have recently been sold. This method is used mostly for homes and land.
2. Replacement Cost: (less depreciation) This method is based on now much it would take at today's material and labor cost to replace your property with a similar structure. It is used mostly for commercial buildings or homes that are not typical or are located in a remote area.
3. Income: The income method is based on the income potential of the property. Using operating Income and Expense Data supplied by the owner, the value is determined by capitalizing the potential net income.
What is Personal Property?
For property tax purposes in Arizona, personal property is defined as all types of property except land, buildings or other real property improvements. Taxable personal property includes all assets used in the operation of a business, farm, ranch or residential rental activity.
How do I report Taxable Personal Property?
File a Personal Property Statement, Form DOR 82520 or an Agricultural Personal Property Statement, Form DOR 82520A, with the county Assessor each year, listing property that has been acquired or disposed of during the year and confirming property items still on the roll. If the Assessor does not mail a business personal property reporting form, it is the owner's responsibility to report his personal property to the Assessor.
What is my Legal Class?
The Legal Class is based on the use of the property. There are twelve different classes. Individual parcels may have more than one use. In this case the parcel will have a "mixed ratio" applied to the total value.
How are my property taxes computed?
The assessed value divided by 100, times the tax rate (set in August of each year), determines property taxes billed in September. The Treasure collects the property taxes!
What are Exemptions?
Exemptions are available for qualifying widows, widowers, and disabled persons. The applicant must apply each year between January 1 and the last working day in February. First-time applicants must apply in person. Each type of exemption has different qualification requirements. Please call the Exemption Division at (520) 375-8030 for details.