CHAPTER 16
TAXATION

ARTICLE I. IN GENERAL

SECTION:

16-1: Property Tax

16-2 - 16-20: Reserved

16-1: PROPERTY TAX:

   A.   There is hereby levied on each one hundred dollars ($100.00) of the assessed value of all property, both real and personal, within the corporate limits of the City of Eloy, except such property as may be by law exempt from taxation, a primary property tax levy equal to one million, four hundred sixty eight, eight hundred sixty five dollars ($1,468,865.00) for the fiscal year ending on the thirtieth day of June 2025. If this sum exceeds the maximum allowed by law, the Pinal County Board of Supervisors has the authority to reduce the levy to the maximum.

   B.   In addition to the rate set in subsection A of this section, there is hereby levied on each one hundred dollars ($100.00) of assessed valuation of all property, both real and personal, with the corporate limits of the City of Eloy, except such property as may be by law exempt from taxation, a secondary property tax rate sufficient to raise the sum of $0.00 for the purpose of providing bond interest and redemption funds for General Obligation Bond debt service for the fiscal year ending June 30, 2025.

   C.   Failure by the county officials of Pinal County, Arizona, to properly return the delinquent list, any irregularity in assessment or omissions in the same, or any irregularity in any proceedings shall not invalidate such proceedings or invalidate any title conveyed by any tax deed; failure or neglect of any officer or officers to timely perform any sale pursuant thereto, the validity of the assessment or levy of taxes or of the judgment of sale by which the collection of the same may be enforced shall not affect the lien of the City of Eloy upon such property for the delinquent taxes unpaid thereon, and no overcharge as to part of the taxes or of costs shall invalidate any proceedings for the collection of taxes or the part of the taxes or of cost shall invalidate any proceedings for the collection of taxes or the foreclosure; and all acts of officers de facto shall be valid as if performed by officers de jury.

(Ord. 18-877, 7-23-2018; amd. Ord. 23-947, 7-10- 2023; Ord. 24-973, 7-8-2024)

16-2 - 16-20: RESERVED: