The Pima County Board of Supervisors this week adopted a $1.7 billion budget for the next fiscal year.
The new budget includes an increase to the combined property tax rate of about 1.7%, or about 9.13 cents, over last year’s rate. It’s now about $5.20 per $100 of net assessed value, according to the county.
The tax rate is more than 40 cents less than what it was pre-pandemic, the county said.
Budget highlights include $8.5 million for affordable housing efforts.
The Board of Supervisors has approved a $1.7 billion budget. It includes about $26 million to fix roads in unincorporated areas of Pima County.
The board has allocated $5 million of the county’s budget to affordable housing since 2022, but supervisors approved a $3.5 million bump during its June 3 meeting as part of a decade-long plan to spend $250 million on affordable housing efforts.
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About $26 million is included in the budget to fix roads in unincorporated areas. The program started in the 2018-19 fiscal year, and the county has spent over $340 million on more than 1,000 miles of unincorporated roads.
The board approved a slight increase to the Library District secondary property tax rate. The district now will be used to help fund the Pima Early Education Program scholarships (PEEPs) program, which provides early childhood education services to low-income families. The county says it stepped up for PEEPs due to boost funding due to expiring federal grants. The city also restored some funding.
The final budget passed unanimously Tuesday. The county’s fiscal year begins July 1.
