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Supervisors set to approve county tax rates Monday

August 5, 2018

KINGMAN — Mohave County supervisors on Monday will discuss whether to make any change to the primary property tax rate.

The supervisors will look to keep the primary property tax rate at $1.9696 per $100 assessed value on a home. Revenue from the primary property tax for the 2018-19 fiscal year would be more than $35.6 million.

In the 2017-18 fiscal year, the primary property tax rate was $1.9696 per $100 assessed value on a home. The revenue generated in that fiscal year was $34.2 million.

The board is expected to set four tax rates for secondary property taxes for the television, library, flood control and lighting districts. Revenue from the secondary property taxes is projected to be $15.1 million.

The board will look to keep the library district tax rate at $0.2716 per $100 assessed value of a home. The district’s assessed value in February was more than $1.8 billion with an estimated levy of more than $4.9 million.

The supervisors will discuss keeping the flood control district tax rate at $0.50. The district’s assessed value was more than $1.6 billion with an estimated levy of more than $8 million.

The television district tax rate for the 2018-19 fiscal year would remain at $0.02 per $100 assessed value of a home. The district’s assessed value was more than $1.8 billion with an estimated levy of $362,238.

The board will look to decrease the tax rate for the Holiday Lighting District to $0.0125 per $100 assessed value of a home. The district’s assessed value was $31 million and the estimated levy would be $3,900.

Secondary property taxes for Sterling Community Facility Districts 1 and 2 each would remain at $0.300 per $100 assessed value of a home.

The board will hold a truth and taxation public hearing on the 2018-19 fiscal year budget and the tax levy rates.

The supervisors will meet at 9:30 a.m. Monday at the county administration building, 700 W. Beale St. in Kingman.

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