The levy imposed on actual property inside a particular Arizona county funds important native providers similar to colleges, libraries, parks, and public security. This levy is calculated by multiplying the assessed worth of a property by a particular share decided yearly by the governing physique. For instance, a property assessed at $200,000 with a levy of 1% would incur an annual tax of $2,000.
These funds are essential for sustaining the standard of life and infrastructure throughout the group. Historic traits in these levies mirror the evolving wants and priorities of the area, impacting each property homeowners and the providers accessible to residents. Understanding these traits can supply beneficial insights into the monetary well being and future growth of the county.