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Bill would allow commercial buildings refurbished into housing
A bipartisan housing bill is moving through the state legislature that would allow commercial properties to be redeveloped into housing units without a rezoning application.
Arizona can win big with property tax reform
As lawmakers debate a tax package to aid in Arizona’s continued economic recovery from the pandemic and to position our state for increased growth, lowering the assessment ratio on commercial property is a policy change that would meaningfully enhance our ability to attract private investment and job creators.
Bigger rebates may not ease some homeowners’ pain
The delicate balancing act involved in changing Arizona’s property tax structure will leave some homeowners paying higher property taxes.
Schools worry about property tax cuts thinning financial safety net
When the property-tax cuts in the jobs bill go into effect, the financial safety net school districts use may get significantly thinner. And the property tax cuts will be especially problematic for districts that already have reached or exceeded their bonding limits.
Commercial property owners file wave of tax appeals
Arizona residents and business owners who have seen their property values drop significantly during the past few years have filed what's expected to be a record number of appeals to challenge the valuations - and their tax burdens - set by their county assessors.
