Council to hold a public hearing and take action on Resolution No. 28-26 adopting the Final Budget for the attached Street Lighting Improvement Districts (SLIDs) for fiscal year 2027 beginning July 1,

City of Buckeye — Special (2026-06-02)

View PDF Meeting page

Extracted text (via pymupdf) 2331 characters
6.C
CITY OF BUCKEYE
Regular Council Meeting
COUNCIL ACTION REPORT
MEETING DATE: 06/02/26
AGENDA ITEM: 6.C. FIN - Resolution
No. 28-26 Approving SLID Final Budgets
for Fiscal Year 2027
DATE PREPARED: 05/28/26
DISTRICT NO.: SLIDs
STAFF LIAISON: Larry Price, Special Districts Manager, lprice@buckeyeaz.gov,
(623) 349-6164
DEPARTMENT: Financial Services
AGENDA ITEM TYPE: Public Hearing
and Non Consent - New Business Items
ACTION/MOTION: (This language identifies the formal motion to be made by the Council) 
Council to hold a public hearing and take action on Resolution No. 28-26 adopting the Final Budget for
the attached Street Lighting Improvement Districts (SLIDs) for fiscal year 2027 beginning July 1, 2026
and ending June 30, 2027, by the Governing Body of the SLIDs.
GOALS AND OBJECTIVES FOR THE STRATEGIC PLAN FOCUS AREAS: 
Fiscal Responsibility
SUMMARY
PROJECT DESCRIPTION:
Street Lighting Improvement Districts (SLIDs) are established with the approval of the City Council. The
Council serves as the Governing Board of the SLID and the City administers the operations of the SLID
which are for the purpose of operating and maintaining street lighting located with the SLID. By Arizona
law, SLIDs cannot incur debt. The SLID assessment is made upon each property within the District and
is collected through the Maricopa County property tax system. The assessed amount for energy costs for
all SLIDs, is $647,700 for fiscal year 2027.
BENEFITS:
The establishment and operation of SLIDs contributes to community safety by ensuring that streets are
well lighted and that power supplied by the electric utility is paid for by the residents benefitting from the
street lighting adjacent to their home and neighborhood.
FUTURE ACTION:
Council action to adopt annual assessment levy ordinance scheduled for June 16, 2026.
FINANCIAL IMPACT STATEMENT:
Adopting the final budget in the amount of $647,700 allows the City to assess the SLIDs for the energy
costs. Without the assessment, the City would be required to pay the energy costs without a dedicated
revenue source.
CURRENT FISCAL YEAR TOTAL COST:
N/A
BUDGETED:
Yes

FISCAL YEAR:
2027
FUND/DEPARTMENT:
3150
Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:
RES_28-26_SLID_Adopt_Final_Budget_FY_2027.pdf