Lehi Town Council maintains property tax freeze at $1.55 per $100 valuation

June 04, 2025 | Queen Creek, Maricopa County, Arizona


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Lehi Town Council maintains property tax freeze at $1.55 per $100 valuation
Queen Creek's Town Council meeting on June 4, 2025, spotlighted a significant decision regarding property taxes, as officials confirmed the continuation of a five-year property tax freeze. This move aims to provide financial relief to residents amid ongoing economic uncertainties.

During the session, council members discussed the town's assessed property value, currently pegged at $956 million, and how this figure influences the property tax levy. The council has set the tax rate at $1.55 per $100 of assessed valuation, a decrease from previous years, reflecting a commitment to easing the financial burden on homeowners. This marks a notable reduction from the maximum rate of $1.95 approved by voters in the past.

The decision to freeze property taxes was initially made in response to the economic challenges posed by the COVID-19 pandemic. In 2020, the council proactively lowered the levy rate to $1.83 to provide immediate relief, and this strategy has evolved into the current freeze, which is now in its third year. The council anticipates that, following the freeze, the tax rate could further decline to approximately $1.40.

The implications of this freeze are significant. Without it, property taxes would have been $3.8 million higher next year, providing a clear financial advantage to residents. The council emphasized the importance of this stability, assuring taxpayers that their property taxes will remain consistent for the next two years.

As the council continues to navigate fiscal challenges, the freeze represents a proactive approach to maintaining affordability for Queen Creek residents, ensuring that the community can thrive even in uncertain economic times.

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Scribe from Workplace AI
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