CFD GO BOND 2026 Tartesso West Presentation.pptx
City of Buckeye — Joint Community Facilities Districts (2026-05-19)
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City of Buckeye Finance Department Tartesso West CFD General Obligations (G.O.) Bond May 19, 2026 Tartesso West G.O. Bond: Overview Finance 1 The FY2027 Budget includes a proposed issuance of new General Obligation (GO) Bonds. The FY2027 Bond amount: Not to exceed $3,100,000. Bonds will have a 20-year term with an estimated interest rate of 5%. Bond proceeds will fund ; Onsite Water, onsite Sewer, and Storm Drain improvements; and concrete and paving improvements within the District. Tartesso West G.O. Bond: Overview – Debt Service Finance 2 The estimated annual debt service tax rate for FY2027 is $2.9857. This represents an increase of $0.1222 from the FY2026 rate of $2.8635. The increase reflects a 4.2675% increase in the debt service tax rate. Tartesso West G.O. Bond: Overview : Combined Tax Rate Summary Finance 3 The total combined tax rate for FY2027 is projected to be $3.2857. This is a 3.86% increase compared to the FY2026 combined rate of $3.1635. Questions Finance 6