2012 General Election Ballot Guide: Arizona
- ( + ) Voters will weigh in on Proposition 116, which would change how tangible personal property (furniture and manufacturing equipment, for example) used by businesses is taxed. Currently, the first $68,000 of tangible personal property is tax-exempt in Arizona, but this measure would raise that bar to $2.4 million. Supporters claim that this measure would benefit 93 percent of Arizona businesses, attract job creators to the State, and stimulate the economy.
- ( + ) Voters will also decide on Proposition 117 to limit property valuation increases to no more than 5 percent per year. Though taxpayers may be seeking even greater protection from ever-increasing tax bills, this measure is, to many, a first step toward limiting government’s ability to overassess property.
- ( + ) Proposition 118 would stabilize payouts from the State’s Permanent Fund over the next decade. Fiscal conservatives in the State, including the President of the Arizona chapter of Americans for Prosperity, believe this will help provide better predictability to the budgeting process.
- ( + ) Proposition 119 would allow the State to authorize certain exchanges of public land with private developers, primarily for the purpose of procur- ing property surrounding military bases. The measure would require pub- lic hearings and a cost-benefit analysis, and both legislators and voters would have to approve any swap.
- ( + ) Proposition 120 would declare state sovereignty over Arizona’s natural resources including land, air, water, minerals, and wildlife. The measure was drafted in response to increased federal regulation and policymaking in this area.
- ( - ) Arizona voters will decide on Proposition 204, to renew the “temporary” sales tax increase approved in 2010. This measure would make perma- nent a 1 percentage point sales tax hike and is estimated to cost taxpayers at least $1 billion per year.
- • ( - ) Voters in the Flagstaff School District will decide on a bond measure, which seeks to issue $20.7 million in new debt for technology and transportation upgrades. If approved, it is estimated that an extra $21 per year per $100,000 of assessed value would be added to the local property tax rate.
- ( - ) Mesa City residents will vote on a parks bond measure, which seeks to issue debt in the amount of $65 million for park improvements.
- ( - ) Voters in the Mesa School District will decide on issuing $230 million in debt to subsidize various technology, facilities, and transportation projects in the district.
- ( - ) The Peoria Unified School District is asking voters to approve $180 million in debt to improve facilities and fund transportation projects. Property tax burdens would increase by $76 per year on average to pay for the bond.
- ( - ) The Western Maricopa Education Center is asking taxpayers to sup- port the issuance of $74.9 million in debt to underwrite new campuses for the vocational school and expand current training centers in the area. This will be the second attempt in 7 years by the school to get a bond passed for the campus upgrades.
- ( - ) Voters in the Tempe Union School District will decide on a budget override measure that would allow the District to exceed budget caps by 15 percent for the next school year. The district already has a 10 percent override in place that is scheduled to expire in 2013.
- ( + ) Voters in Glendale City will have an opportunity to reverse an increase in the local sales tax. If this measure is approved, it would eliminate the 0.7 percent additional tax that went into effect in August.
- ( - ) Voters in the Tempe Union School District will vote on a measure that would allow the district to issue $75 million in new debt for facility maintenance and construction.
- ( - ) Voters will weigh in on Tucson City Road Bond Proposition 409, which would authorize the city to issue up to $100 million in new debt to repair and improve city streets. Property taxes would increase by an estimated $18 per $100,000 of assessed value per year, if this measure is approved.
- ( - ) Proposition 411 in the Avra Valley Fire District would authorize the issuance of $4.1 million in new debt to pay for new equipment and retire existing debt. This measure will also be on the ballot in Pinal County.
- ( - ) Proposition 412 in the Sunnyside Unified School District would allow the district to exceed budget and tax limits by up to 15 percent for 7 years.
- ( - ) Proposition 413 in the Altar Valley Elementary School District would allow the district to exceed budget and tax limits by up to 10 percent for 7 years.
- ( - ) Proposition 414 in the Tanque Verde Unified School District would allow the district to exceed budget and tax limits by up to 5 percent for 7 years.
- ( - ) Proposition 411 in the Avra Valley Fire District would authorize the issuance of $4.1 million in new debt to pay for new equipment and retire existing debt. This measure will also be on the ballot in Pima County.