The City of Phoenix has announced plans to increase primary property tax collections for the 2026-27 fiscal year and is inviting residents to participate in a public hearing later this month.
Under the proposal, Phoenix would collect approximately $6.27 million more in primary property taxes than it did during the previous fiscal year, representing a 2.79% increase.
City officials noted that while the proposed primary property tax rate would decrease slightly—from $1.2658 to $1.2652 per $100 of assessed valuation—rising property values across the city would still result in higher overall tax collections.
For a home valued at $100,000, the proposed rate would result in an annual primary property tax bill of approximately $126.52. Without the proposed increase, the bill would be about $123.09.
The increase applies only to primary property taxes, which fund general city services such as police, fire protection, parks and recreation programs, libraries and senior and community centers. The proposal does not include additional revenue generated from new construction or changes related to voter-approved bonds and overrides.
Phoenix officials also highlighted a reduction in the city’s secondary property tax rate, which would decrease from $0.8141 to $0.7745 per $100 of assessed valuation. Secondary property taxes are used to repay voter-approved bonds that fund infrastructure projects including libraries, public safety facilities, stormwater improvements and parks.
State law requires cities to issue a Truth in Taxation notice whenever the average primary property tax bill increases, even if the actual tax rate decreases.
Residents wishing to provide feedback can attend a public hearing scheduled for June 17 at 2:30 p.m. in the Phoenix City Council Chambers at 200 W. Jefferson St. in Phoenix.
Additional information about the proposal is available through the city’s budget office.
