Senate Rejects Revival of Grand Canyon U Tax Break
The Arizona Senate on Tuesday narrowly rejected an effort to revive a proposal granting a private Christian university a major break on its property taxes.
Grand Canyon University wants its property reclassified into a much lower rate that would save it about $750,000 a year on its Phoenix campus. Under the measure, any new construction at the school or at a planned Mesa campus also would be reclassified, meaning the tax break could expand greatly over time.
Grand Canyon University wants its property reclassified into a much lower rate that would save it about $750,000 a year on its Phoenix campus. Under the measure, any new construction at the school or at a planned Mesa campus also would be reclassified, meaning the tax break could expand greatly over time.