Property Classes and Assessment Ratios

Property Class Assessment Ratio Description
01.01 0.175 Producing mines
01.02 0.175 Standing timber
01.03 0.175 Gas and electric
01.04 0.175 Airport fuel delivery
01.05 0.175 Producing oil and gas
01.06 0.175 Water utility companies
01.07 0.175 Pipelines
01.08 0.175 Shopping centers
01.09 0.175 Golf courses
01.10 0.175 Commercial/Manufacturers, assemblers, fabricators both real and personal property
01.11 0.175 Telecommunications
01.12 0.175 Commercial/Industrial real property and improvements not in other classes
01.13 0.175 Commercial/Industrial personal property not in other classes
01.14 0.175 Electric cooperatives
02.C 0.15 Property burdened by conservation easements
02.RD 0.15 Golf courses real property not included in 01.09
02.PD 0.15 Golf courses personal property not in class 01.09
02.R 0.15 Ag/Vacant land/Non-profit real property and improvements not included in other classes
02.P 0.15 Ag/Vacant land/Non-profit personal property not included in other classes
03.01 0.10 Primary residence
03.02 0.10 Primary residence of qualified family member
03.03 0.10 Primary residence also leased or rented to lodgers
04.1 0.10 Non-primary/Bank owned/Not in other classes residential
04.2 0.10 Rental/Leased residential
04.3 0.10 Child care facilities
04.4  0.10 Non-profit residential housing facilities for handicapped or seniors
04.5 0.10 Licensed residential/nursing care institutions for handicapped of seniors
04.6 0.10 Bed and breakfast
04.7 0.10 Agricultural housing and residences not included in class 3
04.8 0.10 Residential common areas valued pursuant to ARS 42-13403
04.9 0.10 Timeshares
04.10 0.10 Non-primary residential leased or rented to lodgers
05 0.15 Railroads/Private car companies/Flight properties
06.1 0.05 Non-commercial historic
06.2 0.05 Foreign trade zones
06.3 0.05 Military reuse zones
06.4 0.05 Environmental technology
06.5 0.05 Environmental remediation
06.6 0.05 Healthy forests
06.7 0.05 Biodiesel fuel manufacturing
06.8 0.05 Renewable energy equipment manufacturing
07.B 0.175 Commercial historic base value
07.H 0.01 Commercial historic renovation value
08.B 0.10 Residential/Commercial historic base value
08.H 0.01 Residential/Commercial historic renovation value
09 0.01 Certain improvements on government property
M   Mixed use property class, more than one property class applied