It is a little complicated, but Proposition 117, passed by Arizona voters in 2012 says that the limited property value as statutorily defined is the figure used to determine taxes, not the full cash value. The full cash value can be appealed but not the limited property value.
The following link to the Assessor's office has an explanation of that assessment process and further explanation and links to how you can appeal your valuation:
Pima County Assessor's Office The appeal deadline is April 1, 2014.
|The Pima County Assessor's office is located in the historic (and beautiful) Pima County Courthouse|