Closing golf course may create steep tax bill


A statute intended to support Arizona golf courses could take its toll on Ahwatukee Lakes Golf Course owner Wilson Gee in the first situation of its kind by requiring him to pay 10 years of back taxes on the closed course, said David Boisvert, chief appraiser for the Maricopa County Assessor’s Office. Under the golf… Read More →

$2.2 billion Maricopa County budget advances

economic development - 8 honored

The Maricopa County Board of Supervisors has advanced a $2.2 billion budget proposal that would lower spending, reduce taxes and increase employee pay. Arizona’s most populous county plans to decrease its spending by $82.4 million next year. The proposed budget also includes the first employee pay increase in five years. The county employs about 13,000… Read More →

A look at the 9 measures on Arizona ballot


Here are the nine voter initiative and legislative referendum measures on Arizona’s Nov. 6 general election ballot: SALES TAX INCREASE — Proposition 204 would replace a penny-on-the-dollar temporary sales tax increase set to expire in mid-2013 with a permanent increase of the same size. Revenue would have to be used for education, construction projects and… Read More →

Q&A With NAIOP-AZ President Tim Lawless: The Impact Of HB 2001

by in Associations

Q&A with NAIOP-AZ President Tim Lawless who discusses HB 2001,  commercial property tax and how the commercial real estate industry is affected by these tax cuts Recently, the Arizona State Legislature passed the most sweeping economic development/job recovery bill in years (HB 2001). It included a number of phased tax cuts and tax credits for… Read More →