Thursday, October 17, 2019

Fire Districts Thriving on Rich Tax Base

Golder Ranch Fire District is in the mix
We recommend you read "Pension Costs Plague Fire District Budgets". It is published by the Arizona Tax Research Association. Among other items the piece notes:

"Arizona’s fire districts plan to spend nearly $500 million in FY 2020, a 7.4% increase over last year. Property values are on the rise and the current funding model for fire districts allows them significant access to the property tax base."

This is because the districts tax based on the value of your property. Values have been increasing substantially.

Just look at the annual assessment you get from the county.

It makes us wonder why the district can't fund its needs on a "pay as you go" basis.

The richness of the tax base is just another factor to consider in your GRFD Bond vote.

Remember, a vote in favor of the bond is a vote in favor of increasing your property taxes.
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