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The cities in Arizona are adjusted after losing money from tax revenue – Arizona family

The cities in Arizona are adjusted after losing money from tax revenue – Arizona family

Glendale, AZ (Azfamily) – The cities and cities in Arizona form their budgets, but without a collective $ 230 million they were there years ago after government legislators voted to remove the tax on housing rent and return more money in the pockets of tenants while withdrawing it from cities and cities.

In Glendale, the staff is in the midst of making the budget for the next fiscal year.

“We are trying to predict part of this, but this is also related to the common economy, and since the economy changes or changes to inflation, we must also take this into account. That’s how it makes it very difficult, “said Budget and Finance Director Levi Gibson.

Glendale loses about $ 13 million with the removal of a rental tax equal to the city department and recreation.

“Instead of saying well, let’s cut something. We just couldn’t add anything, “explained the Glendale Muler’s manager Vicky Rios.

Earlier this month, the State Senate adopted a SB 1013 bill, which will require a two-thirds vote for each advice or advice to accept or raise tax, fees and evaluations.

“I have received a number of concerns and complaints from Arizonan, who are disappointed with the latest tax and fees increases, especially in this era of inflation. We want the government to be more efficient with the dollars of taxpayers, and this is a step in the right direction, “said Arizona Warren Petersen’s President Warren Warren in a news message when the bill passed. “This protection of taxpayers of strength requires the same threshold from local authorities as the legislature in raising or imposing fees. We want to make sure that the government is fully fulfilling its obligations, but we also want to protect our citizens from unnecessary taxation. “

The city of Phoenix is ​​considering collecting its tax for transaction privileges (TPTs) to compensate for the lost revenue, including the removal of rental tax.

Rios says the city of Glendale will not do this move at this point, but it has not ruled out that in the near future.

“We can absorb or know in advance and plan something for several years. But it will go so far that we will not be able to do it, “she explained.

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