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COLLEGE LEADERSHIP PLANS TO REQUEST ANNUAL 1% PROPERTY TAX INCREASE

By R. Oliphant
Wednesday, November 6th, 2024

Strategy aims to minimize public backlash from larger, sporadic hikes after multi-year intervals

At its October meeting, Yavapai Community College (YCC) leadership informed the District Governing Board that it has adopted a strategy of annually requesting a one percent increase in County property taxes. This incremental approach is set to begin this year, under the guise of softening public reaction to periodic hikes.

The rationale behind this approach is, essentially, a public relations tactic. By asking for smaller, annual increases, the College aims to avoid the backlash that might accompany a sudden four or five percent hike after several years without any adjustments. This is a calculated move to manage perception.

However, it is important to highlight that the Governing Board holds the authority to approve far larger increases at any time. There is no policy or restriction preventing them from raising taxes beyond the one percent threshold if they choose.

Notably, over the past two years, the Governing Board has approved substantial property tax increases of 5% and 3.4%, underscoring their willingness to meet the College leadership’s requests for additional funding. This history raises questions about the long-term financial strategy at YCC and the true necessity of annual tax increases on County residents.

Categories : Taxes, Yavapai Community College

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