Scottsdale Property Taxes to Remain Unchanged

The Arizona Republic is reporting that council members voted against a proposal to raise City of Scottsdale property taxes.

Council members rejected a proposal to raise the levy 2 percent, the maximum allowed under state law. The vote occurred Friday at a meeting to discuss the city’s 2011-12 proposed budget.

By city estimations, the move would have resulted in an additional $500,000 to the city’s general fund, which pays for basic services. Read more at AZCentral.

Thats good news for homeowners and out of state visitors who are thinking to buy a property in Scottsdale.

 

Posted in Market Analysis, Marta Walsh, North Scottsdale Real Estate, real estate az, Russ Lyon Sotheby's International Realty | Tagged , , | Leave a comment

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