Board of Directors of the Westpark Community Facilities District to take action on Resolution No. -26 approving the Final Budget of the District for fiscal year 2027 beginning July 1, 2026, and ending

3.K
CITY OF BUCKEYE
Joint Meeting of the Community Facilities Districts
BOARD ACTION REPORT
MEETING DATE: 06/02/26
AGENDA ITEM: 3.K. FIN - Fiscal Year
2027 Community Facilities District Final
Budget - Westpark CFD
DATE PREPARED: 05/28/26
DISTRICT NO.: Westpark
STAFF LIAISON: Larry Price, Special Districts Manager, lprice@buckeyeaz.gov,
(623) 349-6164
DEPARTMENT: Financial Services
AGENDA ITEM TYPE: CFD Item
ACTION/MOTION: (This language identifies the formal motion to be made by the Council) 
Board of Directors of the Westpark Community Facilities District to take action on Resolution No. 02-26
approving the Final Budget of the District for fiscal year 2027 beginning July 1, 2026, and ending June
30, 2027.
RELEVANT GOALS: 
GOAL 1: Fiscal Wellness and Financial Flexibility and Accountability
ADDITIONAL RELEVANT GOALS: 
GOAL 5: Responsive and Accountable Government and Effective Public Services
SUMMARY
PROJECT DESCRIPTION:
On May 19, 2026, the Board approved Resolution No. 01-26 which adopted a Tentative Budget for FY
2027 in the amount of $7,277,000 and scheduled a public hearing on June 2, 2026; at which property
owners within the District may comment in favor of or against the expenditures or tax levy. Notification
was made through publication and by mail as required by law. 
BENEFITS:
Under Arizona law, each community facilities district must adopt an Annual Budget and establish a tax
levy and rate for the property within the District to meet the operating needs, including debt service, of
the District.
FUTURE ACTION:
The Board will meet on June 16, 2026, to approve a tax levy and rate for FY 2027 for the District.
FINANCIAL IMPACT STATEMENT:
The Final Budget estimate for FY 2027 is $7,277,000
BUDGETED:
Yes
FISCAL YEAR:
FY 2027
FUND/DEPARTMENT:

8005
Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:
RES_02-26_Westpark_CFD_-FY2027_Final_Budget__v2__5.17 w Exhibit.pdf