RES_02-26_Elianto_CFD_-_FY_2027_Final_Budget__v2__5.17 with Exhibit.pdf
City of Buckeye — Joint Community Facilities Districts (2026-06-02)
Extracted text (via pymupdf)
4088 characters
8054615.2
RESOLUTION NO. 02-26 (Elianto)
RESOLUTION OF THE BOARD OF DIRECTORS OF THE ELIANTO
COMMUNITY FACILITIES DISTRICT (CITY OF BUCKEYE, ARIZONA)
APPROVING THE FINAL BUDGET OF THE DISTRICT FOR FISCAL YEAR
2027, BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027.
WHEREAS, on May 19, 2026, the Board of Directors (the “District Board”) of the Elianto
Community Facilities District (City of Buckeye, Arizona) (the “District”) met and adopted the
fiscal year 2027 proposed budget for the District; and
WHEREAS, the District Board intends to adopt the fiscal year 2027 Final Budget for the
District (the “District Budget”); and
WHEREAS, in the District Budget, the District Board has filed with the District Clerk the
annual statements of the costs and expenditures of the District, including the amount of taxes to
be raised to pay expenses of the District; and
WHEREAS, the District published, as required by law, a notice that the District Board
would meet on June 2, 2026, for the purposes of conducting a hearing on (i) the District Budget
attached hereto as Exhibit A and incorporated by reference herein, and (ii) the tax levy; and
WHEREAS, in accordance with Title 48, Section 716, Arizona Revised Statutes, and
following public notice, the District Board met and held a public hearing on June 2, 2026, at
which meeting any taxpayer was permitted to appear and be heard in favor of or against any of
the proposed expenditures or tax levies.
BE IT RESOLVED by the Board of Directors of the Elianto Community Facilities District
(City of Buckeye, Arizona) as follows:
Section 1.
Budget Adopted. The District Budget in the amount of $6,300 is hereby
adopted as the budget of the District for the fiscal year 2027.
Section 2.
Conflicting Resolutions Repealed. All resolutions and parts of resolutions
in conflict are hereby repealed.
PASSED AND ADOPTED by the Board of Directors of the Elianto Community Facilities
District (City of Buckeye, Arizona), this 2nd day of June, 2026.
___________________________________
Eric W. Orsborn, District Chairman
ATTEST:
_______________________________
Lucinda J. Aja, District Clerk
APPROVED AS TO FORM:
_______________________________
Tosca Henry, District Attorney
Attachment
Exhibit A: Fiscal Year 2027 Final Budget
8054615.2.2
EXHIBIT A
Fiscal Year 2027 Final Budget
(consisting of 1 page)
EXHIBIT A - BUDGET
Elianto Community Facilities District
Buckeye, Arizona
FY 2027
Actual
Budget
FY 2025
Adopted
Projected
FY 2027
Revenues:
Property Taxes
$84
$3,400
$3,700
$100
Developer Contribution
8,252
3,100
-
6,100
Total revenues
8,336
6,500
3,700
6,200
Expenditures:
Administrative Fees
5,000
5,000
5,000
5,000
Operations and Maintenance
1,048
1,500
1,200
1,300
Total expenditures
6,048
6,500
6,200
6,300
Excess (deficiency) of revenues over
(under) expenditures
2,288
-
(2,500)
(100)
Net Change in fund balances
2,288
-
(2,500)
(100)
Fund balances - beginning
227
-
2,515
100
Fund balances - ending
$2,515
-
15
-
Total Full Cash Value Net Assessed
90,033
2,923,604
2,923,604
79,761
Total Limited Property Valuation Net Assessed
28,183
1,253,457
1,253,448
29,325
Tax Rate - Debt Service
-
$
-
$
-
$
-
$
Tax Rate - O&M
0.3000
$
0.3000
$
0.3000
$
0.3000
$
FY 2026 Budget