Pima Community College Releases Truth in Taxation Information

Pima County Community College District has released its Truth in Taxation information for its 2007-08 budget, in compliance with Arizona Revised Statutes section 15-1461.01.   According to the Truth in Taxation documents, the College is proposing an increase in primary tax revenues of $1,883,260, an increase of 2.8% over 2006-07.

The Truth in Taxation formula does not reflect increased property taxes received from new construction.  Under the Truth in Taxation formula, the primary property taxes on a hypothetical $100,000 home would increase $2.56 from $99.35 to $101.91. 

Pima Community College will actually reduce its primary tax rate by 3.6%, when the total assessed valuation for all of Pima County is taken into account, including new construction.  This is the fourth consecutive year that the College has reduced its primary tax rate, thanks to new construction and growth in the County’s total assessed valuation.  

The College’s secondary tax rate for 2007-08 has also been reduced by 8.7% from the prior year.  Overall, homeowners will see their 2007-08 combined property tax rates for the Pima County Community College District reduced by 4.4%. 

The current 4.4% tax rate reduction follows last year’s 4.6% reduction in the combined tax rate by the College.  

The College’s elected five-member Board of Governors will hold a public hearing on the 2007-08 budget on Monday, June 18.  The public hearing will begin at 6:00 p.m. in the College’s Community/Board Room at the District Offices, 4905 E. Broadway Boulevard.  The Board of Governors regular monthly meeting will follow the public hearing on the budget.   The College’s Board of Governors meetings are open to the public. 

For information about the College’s 2007-08 budget, contact the Public Information Office at 206-4528.

Pima Community College has six campuses in Pima County and serves more than 75,000 credit and non-credit students annually.  Pima Community College is the eighth largest community college in the nation.

PRESS CONTACT: David Irwin, Executive Director for Public Information
(520) 206-4528