HB 2289 — truth in taxation; bonds; notices

For a union high school district, five -8-percent Houseof Amendmentsthe revenue control limit means five percent of the revenue control limit attributable to H.B.the weighted student count in grades nine through twelve.

2289- percent8 of- theH.B. revenue control limit means five percent of the revenue control limit attributable to the weighted student count in grades nine through twelve.

2289 L.

If the election is to exceed a combination of the revenue control limit as provided in subsection E or F of this section, the revenue control limit as provided in subsection I or J of this section or district additional assistance as provided in subsection L or M of this section, the ballot shall be prepared so that the voters may vote on each -9-proposed Houseincrease Amendmentsseparately toand H.B.shall contain statements required in the same manner as if each proposed increase were submitted separately.

2289- proposed9 increase- separatelyH.B. and shall contain statements required in the same manner as if each proposed increase were submitted separately.

2289 O.

-10-- House10 Amendments- to H.B.

For overrides approved by a vote of the qualified electors- of11 the- school district at an election held from and after -11- House Amendments to H.B.

2289 electors of the school district at an election held from and after October 31, 1998, the period of the additional increase prescribed in this subsection shall not exceed seven years for any capital override election.

Under the students first capital funding system, _________ school district is entitled to- state12 monies- forH.B. new construction and renovation of school buildings in accordance with state law.

-12-2289 Houseto Amendmentsstate tomonies H.B.for new construction and renovation of school buildings in accordance with state law.

2289 2.

If a budget in excess of district additional assistance was previously adopted by the voters in a school district and will be in effect for the budget year or budget year and subsequent years, as provided in subsection L or M of this section, the governing board may request- an13 additional- budgetH.B. in excess of district additional assistance.

2289 request an additional budget in excess of district additional assistance.

-13-AA. House Amendments to H.B.

2289 AA.

Any- budget14 increase- continuationH.B. authorized by this election shall be entirely funded by a levy of taxes on the taxable property in this school district for the year for which adopted and for ______ subsequent years, shall not be realized from monies furnished by the state and shall not be subject to the limitation on taxes specified in article IX, section 18, Constitution of Arizona.

Based2289 Any budget increase continuation authorized by this election shall be entirely funded by a levy of taxes on the currenttaxable netproperty assessedin -14-this Houseschool Amendmentsdistrict for the year for which adopted and for ______ subsequent years, shall not be realized from monies furnished by the state and shall not be subject to H.B.the limitation on taxes specified in article IX, section 18, Constitution of Arizona.

2289Based on the current net assessed valuation used for secondary property tax purposes, to fund the proposed continuation of the increase in the school district's budget would require an estimated continuation of a tax rate of $______________ per $100 of net assessed valuation used for secondary property tax purposes and is in addition to the school district's tax rate that will be levied to fund the school district's revenue control limit allowed by law.

If the governing board does not enter- into15 a- leaseH.B. of twenty or more years of the school buildings or grounds listed on the ballot within twenty years after the date of the election and the board continues to seek such a lease, the governing board shall call a special election to reauthorize the board to negotiate for and to enter into a lease of twenty or more years.

2289 enter into a lease of twenty or more years of the school buildings or grounds listed on the ballot within twenty years after the date of the election and the board continues to seek such a lease, the governing board shall call a special election to reauthorize the board to negotiate for and to enter into a lease of twenty or more years.

-15-6. House Amendments to H.B.

2289 6.

Bond counsel fees, financial advisory fees, printing costs and paying agent and registrar fees for bonds issued pursuant to an election under- this16 section- shallH.B. be paid from either the amount authorized by the qualified electors of the school district or current operating funds.

2289 under this section shall be paid from either the amount authorized by the qualified electors of the school district or current operating funds.

-16-1. House Amendments to H.B.

2289 1.

(b)- A17 complete- listH.B. of each proposed capital improvement that will be funded with the proceeds of the bonds and a description of the proposed cost of each improvement, including a separate aggregation of capital improvements for administrative purposes as defined by the school facilities oversight board.

-17-2289 House(b) AmendmentsA tocomplete H.B.list of each proposed capital improvement that will be funded with the proceeds of the bonds and a description of the proposed cost of each improvement, including a separate aggregation of capital improvements for administrative purposes as defined by the school facilities oversight board.

2289 (c) The tax rate associated with each of the proposed capital improvements and the estimated cost of each capital improvement for the owner of a single family home that is valued at $100,000 AND [$400,000]$300,000. [$300,000].

(d) A complete list of each proposed capital improvement that will be funded with the proceeds of the bonds and a description of the proposed cost- of18 each- improvement,H.B. including a separate aggregation of capital improvements for administrative purposes as defined by the school facilities oversight board.

2289 cost of each improvement, including a separate aggregation of capital improvements for administrative purposes as defined by the school facilities oversight board.

-18-(f) HouseA Amendmentsstatement that if the bonds are approved, the first priority for the impact aid will be to H.B.pay the debt service for the bonds and that other uses of the monies are prohibited until the debt service obligation is met.

2289 (f) A statement that if the bonds are approved, the first priority for the impact aid will be to pay the debt service for the bonds and that other uses of the monies are prohibited until the debt service obligation is met.

(a)- The19 date- ofH.B. the election.

2289 (a) The date of the election.

(d) A complete list of each proposed capital improvement that is in addition to the initial capital improvements presented in the informational pamphlet when the bonds were approved and the proposed cost of each improvement, including a separate aggregation of capital -19-improvements Housefor Amendmentsadministrative topurposes H.B.as defined by the school facilities oversight board.

2289 improvements for administrative purposes as defined by the school facilities oversight board.

3.- 20 - H.B.

2289 3.

-20-(a) HouseDesegregation Amendmentspursuant to H.B.section 15-910.

2289 (a) Desegregation pursuant to section 15-910.

(b)- The21 notice- shallH.B. be published in a location other than the classified or legal advertising section of the newspaper in which it is published.

2289 (b) The notice shall be published in a location other than the classified or legal advertising section of the newspaper in which it is published.

Truth in Taxation Hearing Notice of Tax Increase In compliance with section 15-905.01, Arizona Revised Statutes, _________ school district is notifying its property taxpayers of _________ school district's intention to raise -21-its Houseprimary Amendmentsproperty taxes over the current level to H.B.pay for increased expenditures in those areas where the governing board has the authority to increase property taxes for the fiscal year beginning July 1, ____.

2289 its primary property taxes over the current level to pay for increased expenditures in those areas where the governing board has the authority to increase property taxes for the fiscal year beginning July 1, ____.

The amount proposed above will cause _________ school district's primary property taxes on a $100,000 AND [$400,000]$300,000 [$300,000] home to be $_________ AND $_______, RESPECTIVELY (the amount used to pay for the budget year's proposed truth in taxation base limit and adjacent ways levy, including adjacent ways and liabilities in excess of the school district budget [the amount divided by the current net assessed value available February 10 pursuant to section 42-17052] applied to $100,000 AND [$400,000]$300,000). [$300,000]).

Without the tax increase, the total taxes that would be owed would have been $_________ AND $_______, RESPECTIVELY (the amount used to pay for the current year's truth in taxation base limit [the amount divided by the current net assessed value available February 10 pursuant to section 42-17052] applied to $100,000 AND [$400,000]$300,000). [$300,000]).

2.- 22 - H.B.

2289 2.

-22-5. House Amendments to H.B.

2289 5.

If the proposed primary property tax levy, excluding amounts that are attributable- to23 new- construction,H.B. is greater than the amount levied in the preceding tax year by the district:

2289 attributable to new construction, is greater than the amount levied in the preceding tax year by the district:

-23-(d) HouseIs Amendmentsin tothe H.B.following form, with the "truth in taxation hearing-notice of tax increase" headline in at least eighteen-point type:

2289 (d) Is in the following form, with the "truth in taxation hearing-notice of tax increase" headline in at least eighteen-point type:

For example, the proposed tax increase will cause (name of community college district's) primary property taxes on a $100,000 AND [$400,000]$300,000 [$300,000] home to be $(total proposed taxes including the tax increase) AND $(TOTAL PROPOSED TAXES INCLUDING THE TAX INCREASE), RESPECTIVELY.

Without the proposed tax increase, the total taxes that would be owed on a $100,000 AND [$400,000]$300,000 [$300,000] home would have been $_____ AND $_____, RESPECTIVELY.

2.- 24 - H.B.

2289 2.

If the proposed levy, exclusive of increased property taxes received from new construction, constitutes an -24-increase Houseover Amendmentsthe preceding tax year's levy by fifteen percent or more, the motion to H.B.levy the increased property taxes must be approved by a unanimous roll call vote of the district board.

2289 increase over the preceding tax year's levy by fifteen percent or more, the motion to levy the increased property taxes must be approved by a unanimous roll call vote of the district board.

Sec.- 25 - H.B.

2289 Sec.

In preparing this information and the information prescribed by subdivision (c) of this paragraph, the projected total -25-annual Houseincrease Amendmentsin tonet H.B.assessed valuation for any future year shall not exceed:

2289 annual increase in net assessed valuation for any future year shall not exceed:

The- tax26 impact- overH.B. the term of the bonds on an owner-occupied residence valued by the county assessor at $250,000 AND [$400,000] [$300,000] is estimated to be $___ per year for __ years, or $___ total cost AND $___ PER YEAR FOR ___ YEARS, OR $___ TOTAL COST, RESPECTIVELY.

2289 The tax impact over the term of the bonds on an owner-occupied residence valued by the county assessor at $250,000 AND $300,000 is estimated to be $___ per year for __ years, or $___ total cost AND $___ PER YEAR FOR ___ YEARS, OR $___ TOTAL COST, RESPECTIVELY.

-26-(l) HousePolling Amendmentslocation tofor H.B.the addressee.

2289 (l) Polling location for the addressee.

2.- 27 - H.B.

2289 2.

-27-D. House Amendments to H.B.

2289 D.

G.- 28 - H.B.

2289 G.

-28-C. House Amendments to H.B.

2289 C.

Except as provided in subsections E and G of this section, the qualifying tax rate for a high school district or a common school district within a high school district that does not offer instruction in high school subjects and the qualifying tax rate for a unified school district, a common school district not within a high school district or a common school district within a high school district that offers instruction in high school subjects for the following fiscal year shall be the rate determined by the joint legislative budget committee pursuant to subsection- C29 of- thisH.B. section.

2289 subsection C of this section.

-29-Truth Housein AmendmentsTaxation Hearing Notice of Tax Increase In compliance with section 41-1276, Arizona Revised Statutes, the state legislature is notifying property taxpayers in Arizona of the legislature's intention to H.B.raise the property tax levy over last year's level.

2289The Truthproposed intax Taxationincrease Hearingwill Noticecause ofthe Taxtaxes Increaseon Ina compliance$100,000 withAND section$300,000 41-1276,home Arizonato Revisedbe Statutes,$(total theproposed statetaxes legislatureincluding is notifying property taxpayers in Arizona of the legislature'stax intentionincrease) toAND raise$(TOTAL thePROPOSED propertyTAXES taxINCLUDING levyTHE overTAX lastINCREASE), year'sRESPECTIVELY. level.

TheWithout the proposed tax increaseincrease, will cause the total taxes that would be owed on a $100,000 AND [$400,000]$300,000 [$300,000] home towould behave $(totalbeen proposed$_______ taxes including the tax increase) AND $(TOTAL$_______, PROPOSED TAXES INCLUDING THE TAX INCREASE), RESPECTIVELY.

Without the proposed tax increase, the total taxes that would be owed on a $100,000 AND [$400,000] [$300,000] home would have been $_______ AND $_______, RESPECTIVELY.

(e) For the purposes of computing the tax increase on a $100,000 AND [$400,000]$300,000 [$300,000] home as required by the notice, the joint meeting of the house of representatives ways and means committee and the senate finance committee, or their successor committees, shall consider the difference between the truth in taxation rate and the proposed increased rate.

2.- 30 - H.B.

2289 2.

-30-The Houselegislature Amendmentsshall tonot H.B.set a county equalization assistance for education rate that exceeds $0.5123.

2289 The legislature shall not set a county equalization assistance for education rate that exceeds $0.5123.

If the proposed primary property tax levy, excluding amounts that are attributable to new construction, is greater than the amount levied- by31 the- county,H.B. city or town in the preceding tax year in the county, city or town:

2289 levied by the county, city or town in the preceding tax year in the county, city or town:

For example, the proposed tax increase will cause (name of county, city or town)'s primary property taxes on a $100,000 AND [$400,000]$300,000 [$300,000] home to be $(total proposed taxes including the tax increase) AND $(TOTAL PROPOSED TAXES -31-INCLUDING HouseTHE AmendmentsTAX toINCREASE), H.B.RESPECTIVELY.

2289Without INCLUDINGthe THEproposed TAXtax INCREASE),increase, the total taxes that would be owed on a $100,000 AND $300,000 home would have been $_____ AND $_____, RESPECTIVELY.

Without the proposed tax increase, the total taxes that would be owed on a $100,000 AND [$400,000] [$300,000] home would have been $_____ AND $_____, RESPECTIVELY.

In lieu of publishing the truth in taxation notice, the governing body may mail the truth in taxation notice prescribed by paragraph 1, subdivision (d) of this subsection to all registered voters in- the32 county,- cityH.B. or town at least ten but not more than twenty days before the date of the hearing on the estimates pursuant to section 42-17104.

2289 in the county, city or town at least ten but not more than twenty days before the date of the hearing on the estimates pursuant to section 42-17104.

-32-C. House Amendments to H.B.

2289 C.

If- the33 proposed- secondaryH.B. property tax levy of the special taxing district, excluding amounts attributable to new construction, is greater than the amount levied by the special taxing district in the preceding tax year:

2289 If the proposed secondary property tax levy of the special taxing district, excluding amounts attributable to new construction, is greater than the amount levied by the special taxing district in the preceding tax year:

For example, the proposed tax increase will cause (name of special taxing district)'s secondary property taxes on a $100,000 AND [$400,000]$300,000 [$300,000] home to be $(total proposed taxes including the tax increase) AND $(TOTAL PROPOSED TAXES -33-INCLUDING HouseTHE AmendmentsTAX toINCREASE), H.B.RESPECTIVELY.

2289Without INCLUDINGthe THEproposed TAXtax INCREASE),increase, the total taxes that would be owed on a $100,000 AND $300,000 home would have been $_______ AND $_____, RESPECTIVELY.

Without the proposed tax increase, the total taxes that would be owed on a $100,000 AND [$400,000] [$300,000] home would have been $_______ AND $_____, RESPECTIVELY.

2.- 34 - H.B.

2289 2.

-34-C. House Amendments to H.B.

2289 C.

Enroll- and35 engross- to conform Amend title to conform JUSTIN OLSON 2289FloorOLSON.docx 01/27/2026 10:15 AM C:

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