McCarthy questions the deal's timing. Peoria leaders in September established the P83 dining and entertainment district as a "central business district." State law allows each Arizona city to set up one of these districts and to use GPLET incentives within its boundaries. However, McCarthy said state law requires cities to wait one year after designating a central business district to sign a development agreement or offer a GPLET within its boundaries.
ATRA in the News
Kudos to the [Board of Supervisors] for reducing the primary property tax rate below the Truth in Taxation requirement,” ATRA Senior Analyst Sean McCarthy said Tuesday. “Now let's do the same with County Flood and Library Districts.”
McCarthy said the bottom line for transparency-related bills is making sure tax information is easily accessible online and that it is presented in a way that is useful to the general public.
Sean McCarthy, a research analyst with the ATRA, held little sympathy for ASU’s stated plight of balancing the budget. After reading about the Omni deal, he put together a scathing policy review detailing the long history of “tax free zones” at ASU.