Property taxes are determined by your property’s assessed value, not the market value. Surprise has a current primary property tax rate of $0.7591 per $100 of assessed property valuation.
The voter-approved 2017 GO Bond created a secondary property tax that will be used fund 10 capital improvement projects. The secondary property tax rate is $0.4200 per $100 of assessed property valuation. Any secondary property tax collections are required to be used to pay off the bond debt(s).
The cost of the General Obligation Bond to a property owner in Surprise is estimated at less than $42 a year for a maximum of 22 years on a home with $100,000 in Limited Property Value (LPV).
Follow These Steps To Determine The Combined Primary And Secondary Property Tax For Your Home: