Arizona Laws 15-991.01. Tax levy for property not located in a school district
A. The board of supervisors of each county, at the time of levying other taxes, shall annually levy a tax on property not located in a school district. The tax levy shall be at a rate equal to one-half the qualifying tax rate prescribed in section 15-971, subsection B, paragraph 2, per one hundred dollars of assessed valuation used for primary property taxes. The tax shall be levied and collected in the same manner as general county taxes on the property. The tax levy provided for in this section is not subject to Title 42, Chapter 17, articles 2 and 3. The monies received pursuant to this section shall be transmitted by the county treasurer to the state treasurer to be deposited in the state general fund to aid in school financial assistance.
Terms Used In Arizona Laws 15-991.01
- Primary property taxes: means all ad valorem taxes except for secondary property taxes. See Arizona Laws 15-101
- Property: includes both real and personal property. See Arizona Laws 1-215
- Qualifying tax rate: means the qualifying tax rate specified in section 15-971 applied to the assessed valuation used for primary property taxes. See Arizona Laws 15-901
- School district: means a political subdivision of this state with geographic boundaries organized for the purpose of the administration, support and maintenance of the public schools or an accommodation school. See Arizona Laws 15-101
- Subject: means a division or field of organized knowledge, such as English or mathematics, or a selection from an organized body of knowledge for a course or teaching unit, such as the English novel or elementary algebra. See Arizona Laws 15-101
B. The reduction in taxes prescribed in section 15-972 applies to taxes levied pursuant to this section on residential property, except that the state shall not make the payments prescribed in section 15-972, subsection H for this reduction in taxes.
C. This section does not apply to territory that was previously unorganized but that is currently part of a school district that is joined pursuant to section 15-445.