PHOENIX — Placing a 5 percent annual limit on how much the assessed value of properties can rise would shield owners from the kinds of spikes seen during the real estate bubble of the last decade, ...

WHO SAID IT: Debbie Lesko. TITLE: State senator, District 21. PARTY: Republican. THE COMMENT: “In fact, Prop. 117 helped homeowners this year.” THE FORUM: Email sent to constituents on Sept. 21, 2015.

Metro Phoenix property taxes have risen on average about $50 per house Maricopa County treasurer faults the Arizona Legislature for passing Prop. 117 Blame is hard to affix because of Arizona's ...