Assessor Paul D. Petersen

Maricopa County Assessor's Office

News for 2017

Chief Appraiser Tracy Johnston offers our support to those in Florida in the wake of Hurricane Irma

Chief Deputy Tim Boncoskey has a special message after Hurricane Harvey for our friends & fellow appraisers in Texas.

Chief Deputy @tboncoskey7052 has a special message after Hurricane #Harvey for our friends & fellow appraisers in #Texas. @HCAD_Info @IAAOHQ

Assessor Petersen Adds Medical Marijuana Businesses to 2017 Personal Property Roll

Contact: Ryan Boyd
Tel: (602) 372-9295

PHOENIX — Maricopa County Assessor Paul Petersen will mail out notices of value and applicable penalties to business personal property owners, including for the first time medical marijuana businesses, on August 25, 2017.

"Keeping the property tax roll as fair and accurate as possible is my number one priority," said Petersen, "Property taxes support critical services for Maricopa County residents, including education, where 54% of dollars go to school districts and another 11% go to community colleges."

Medical marijuana was legalized in Arizona after the narrow passage of Proposition 203 in 2010. Proposition 203 did not exempt medical marijuana businesses from property taxes and they are not included in a long list of exemptions kept in statute.

On January 6, 2017, the Assessor's Office mailed an Arizona Business Property Statement Form to business personal property owners across Maricopa County. According to A.R.S. 4215053, all owners of personal property must file a Business Property Statement annually by April 1st whether or not they received a form from the Assessor. Further, pursuant to A.R.S. 42-15055, failure to report shall result in a penalty of an additional 10 percent based of the estimated value of the property.

Of 109 dispensary, cultivation, duel locations and certification businesses located in Maricopa County, only 11 reported their business personal property. Like any other business, these medical marijuana facilities that failed to report their business personal property will be assessed a 10 percent penalty.

"If Walgreens, CVS, hospital pharmacies, and other medical facilities can report their business personal property timely and accurately, why can't medical marijuana businesses do the same?" said Petersen. "If medical marijuana business owners want to be treated the same as a legitimate business, then they must also act like a legitimate business, which includes paying their property taxes on their business personal property", Petersen added.

View the slides (PPT).
View the press release (PDF).

Assessor Petersen to Announce Addition of Medical Marijuana Businesses to 2017 Personal Property Roll

Contact: Ryan Boyd
Tel: (602) 372-9295

PHOENIX — Maricopa County Assessor Paul D. Petersen will be placing medical marijuana businesses on the personal property roll for the first time this Friday.

This will include applicable penalties for the many medical marijuana businesses who failed to report their property as required by state law.

On Thursday, Assessor Petersen will host a press conference explaining the impact of adding these businesses onto the roll and how medical marijuana businesses are not exempt from property tax.

WHAT: Press Conference on Adding Medical Marijuana to the Personal Property Roll
WHO: Maricopa County Assessor Paul D. Petersen
WHEN: Thursday, August 24 at 10:00 a.m.
WHERE: Maricopa County Administration Building
301 W. Jefferson Street, Phoenix, Arizona, 85003
Third Floor, Suite 330

View the press release (PDF).

Assessor Petersen appoints Chief Appraiser

Contact: Ryan Boyd
Tel: (602) 372-9295

PHOENIX — The Maricopa County Assessor Paul D. Petersen is proud to promote Ms. Tracy Johnston, MAI, AAS, to the position of Chief Appraiser for the office.

"Throughout her years of public service, Tracy has been an invaluable part of our team," said Assessor Petersen, "Her industry-recognized expertise will continue to push our office forward as an internationally recognized leader in the property assessment field."

Tracy Johnston is a long-time assessment professional who most recently has served as the Chief Litigation Appraiser and Acting Commercial Manager of the Appraisal Division. Ms. Johnston is a valuation industry leader earning her MAI designation from the Appraisal Institute (AI) in 1994 and more recently her Assessment Administration Specialist (AAS) designation from the International Association of Assessing Officers (IAAO). She will also serve as the President of the Phoenix AI chapter next year.

Additionally, Ms. Johnston will be joined by two new appraisal managers, David F. Hansen and Thomas Rief, and current appraisal manager Ray Bell.

David F. Hansen, AAS, Residential Evaluation Specialist (RES), has worked his way through the Assessor's Office starting as a field appraiser in 2004 to most recently serving as the Supervisor for Major Properties.

"Mr. Hansen has a deep understanding of the most complex aspects of our office and I look forward to him growing in his new assignment," said Petersen.

Thomas Rief has over 29 years of experience in both the public and private sectors of real estate assessment, land use, planning and development. Tom is dedicated to being a strong bridge between government and the community.

"Mr. Rief has been an effective leader as the Ownership and Mapping Division Manager as well as the Personal Property Manager. He has been a dedicated member of the American Planning Association (APA), IAAO and a 2016 graduate of the Urban and Regional Information Systems Association (URISA) Leadership Academy," said Petersen.

View the presentation (PDF).

Maricopa County Assessor's work highlighted by Arizona Republic

Here at the Maricopa County Assessor's Office, we identify, locate and value all property for the County. You can view a summary of how we work to ensure equity and fairness in this wonderful explainer video produced by the Arizona Republic.

Also, in case you missed it, Republic reporter Rebekah L. Sanders (Twitter: @RebekahLSanders) covered how we deal with "orphan" parcels. This front page article described our efforts to fix parcels that have no owners like medians and ensure the integrity of the tax roll.

If you'd like to know more about what we do, follow our Twitter at @MCAssessor and like us on Facebook as @MCAssessor.

View the summary of how we work to ensure equity and fairness video produced by the Arizona Republic.

Health & Wellness Community Fair News Release

We'd like to thank and showcase Maricopa County Assessor's Office staff members Obdulia Dorame, Alicia Wolcott, Charlene Armold, Jacqueline Chmielewski and Diana Carrasco volunteered this past Saturday, April 1, 2017, at Calvary Phoenix's "Offering a Helping Hand" Health and Wellness Community Fair! The fair was held at Calvary Phoenix's facility at 4006 W. Osborn Road, Phoenix, Arizona and was designed to help get information and resources out to the local community.

Our staff proudly let people know about beneficial programs such as the senior property valuation freeze and personal protections! For more information on these exemptions, check out our valuation relief programs tab on our website!

     

Tax Year 2018 Property Valuation Open Form

View the Tax Year 2018 Property Valuation Open Form (PDF).

Assessor Petersen Releases Tax Year 2018 Valuation Notices

FOR IMMEDIATE RELEASE

Contact: Paul D. Petersen
Tel: 602.506.3406

Assessor Petersen Releases Tax Year 2018 Valuation Notices

Phoenix --- On February 17, 2017, the Maricopa County Assessor's Office will send out approximately 1.6 million valuation notices for tax year 2018 to all property owners in Maricopa County. Positive growth continues with a five year upward trend in single-family residential properties, with an increase in the median Full Cash Value (FCV), of 7.98 percent. This appreciation brings the median single-family FCV up to approximately $197,600 in Maricopa County.

Single-family residential properties saw the lowest amount of growth out of all property classes except for commercial. This is the fourth year of growth in the commercial area. Median values for commercial grew 5.78 percent, bringing 2017 median value of $480,100 up to $507,850 in 2018. Median values for vacant land increased 9.06 percent, with a median value of $33,700 compared to $30,900 from last year. Apartments had the largest increase out of all classes, with a median value of $187,200, up 13.59 percent from $164,800 in 2017. Median values for manufactured housing grew 10.6 percent from $60,400 in 2017 to $66,800 in 2018.

"All property types are seeing positive growth which is consistent with what we have seen in the past few years," said Petersen "The housing market in Maricopa County has now nearly recovered from the recession that occurred from 2008-2010."

To illustrate this, the high point in the median FCV for a single family residential property was approximately $229,500 in tax year 2008. The low point occurred in tax year 2013 when the median single family FCV was $109,600.

The Maricopa County Assessor's Office strives to serve the taxpayers of the county with accuracy, equity, transparency, and efficiency. The Maricopa County Assessor's Office is, in fact, run as one of the lowest cost and most efficient assessment offices in the country. For example, through the office's legal class verification program, the office has saved over $38 million for the State of Arizona in state aid credit to education funding during the past three years.

This year, the Maricopa County Assessor's Office is launching a new efficiency measure through its e-notice program. The e-notice program will allow property owners to opt-in to receive future notices of value online with an authorization code attached to their 2018 notice of value. This will save the county and property owner's time and money required to mail notices and replies while providing accurate, quality services to the public.

For any further inquiries, contact us at the Assessor's Office, (602) 506-3406, visit our website at mcassessor.maricopa.gov or view our twitter feed @MCAssessor.

View the press release (PDF).

To view informative reports regarding our 2018 Notice of Valuation please click HERE