ORDINANCE 26-05
AN ORDINANCE OF THE CITY OF HOLBROOK, ARIZONA, LEVYING A PRIMARY PROPERTY TAX UPON THE ASSESSED VALUATION OF PROPERTY LOCATED WITHIN THE CITY SUBJECT TO TAXATION, FOR THE FISCAL YEAR ENDING JUNE 30, 2027.
WHEREAS, in 2019 residents of the City of Holbrook passed a primary property tax; and,
WHEREAS, the City Council has the authority to levy and collect taxes for the general expenses of the City and all lawful municipal purposes per Holbrook City Charter Section 6.02(a); and,
WHEREAS, a public hearing was held on July 08, 2026, to discuss the budget; and,
WHEREAS, pursuant to State law, an ordinance levying taxes is required to be adopted no later than the third Monday in August; and,
WHEREAS, Navajo County is the assessing and collecting authority for the City of Holbrook.
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF HOLBROOK:
SECTION 1: There is hereby levied a rate of $0.4598 on each one hundred dollars ($100.00) of assessed valuation of all property located within the corporate limits of the City of Holbrook, except such property as may be exempt by law from taxation, a tax rate sufficient to raise the amount of $120,157 as required in the Fiscal Year 2027 Budget.
SECTION 2: Per State law, this ordinance shall become effective upon adoption.
SECTION 3: The City Clerk is directed to transmit a certified copy of this Ordinance to the County Assessor and the Board of Supervisors of Navajo County, Arizona.
PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF HOLBROOK, ARIZONA, THIS 22ND DAY OF JULY, 2026.
APPROVED/EXECUTED:
Kathleen Smith, Mayor
ATTESTED:
Jacquelyn Dewyer, City Clerk
APPROVED AS TO FORM:
Allen Quist, City Attorney
9853-T7/29;8/5
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