At Wednesday's Board of Supervisors Meeting, the Board voted to approve, in accordance with A.R.S. 42-17104 and A.R.S. 42-17107 (Truth in Taxation Hearing) of Resolution No. 070523-01-PCB for the adoption of the Pinal County FY 2023 - 2024 budget, beginning July 1, 2023, ending June 30, 2024, in accordance with A.R.S. 42-17105 in the amount of $1,021,673,046 with a tax rate of $3.5600. Though the Board has not increased the Property Tax Rate, assessed valuation increases of properties mean an overall increase in primary property taxes of $5,355,235 or 4.81%.