Prescott Sales Tax Increases April 1

On November 5, 2024, voters in Prescott approved Proposition 478, a measure aimed at enhancing public safety funding through a sales tax increase. The proposition establishes a 0.95% Public Safety Sales Tax, which is set to take effect on April 1, 2025. As a result of this voter-approved initiative, the City of Prescott’s transaction privilege (sales) tax will increase from 2.00% to 2.95%. This adjustment is intended to provide additional funding for essential public safety services, including police, fire, and emergency response operations. With the implementation of this new tax, the overall combined tax rate for Prescott—including State, County, and...

For the written story, read here >> https://www.signalsaz.com/articles/prescott-sales-tax-increases-april-1/

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