CFD Presentation 5.19.26 Board meeting.pptx

City of Buckeye
Finance Department
CFD Consent Agenda 
Preview 
May 19, 2026

FY2027 Tentative Budget Adoptions
Finance
1
• Anthem*
• Elianto*
• Mirielle*
• Festival Ranch
• Floreo at Teravalis
• Sundance 
• Tartesso West
• Verrado #1
• Verrado Western Overlay
• Watson Road 
• Westpark
* Formed but no development

CFDs Formed – No Development   
Finance
2
FY2026 
Budget
FY2027 
Budget
O&M Tax 
Rate
Debt Service 
Tax Rate
Anthem
$6,500
$6,400
$0.30
$0.00
Elianto
$6,500
$6,300
$0.30
$0.00
Mirielle
$6,000
$6,000
$0.30
$0.00

CFD Budgets
Finance
3
FY2026
Budget
FY2027
Budget
% Change 
FY2026 
Assessed 
Valuation
FY2027 
Assessed 
Valuation
% Change 
Festival Ranch 
$18,483,700
$18,522,500 
.2%
$146,834,090
$156,797,222
6.79%
Floreo at Teravalis
$11,579,600
$1,170,800
-90%
$348,897
$340,424
-2.43%
Sundance
$2,934,700
$2,714,600
-8%
$101,481,557
$106,279,407
4.73%
Tartesso West
$2,252,000
$5,806,200 
158%
$57,357,342
$59,842,294
4.33%
Verrado #1
$7,858,700
$7,769,900
-1%
$231,661,025
$262,847,230
13.46%
Verrado Western Overlay
$1,259,100
$16,193,100 
1100%
$30,884,079
$34,444,332
11.53%
Watson Road 
$7,237,400
$1,433,400
-80%
$89,438,450
$104,787,537
17.16%
Westpark
$8,617,100
$7,277,000 
-15%
$19,649,095
$23,856,796
21.41%

CFD Tax Rates
Finance
4
FY2026 
O&M Rate
FY2026 
Debt Service 
Rate
FY2026 
Total Rate
FY2027
O&M Rate
FY2027 
Debt Service 
Rate
FY2027 
Total Rate
% Change 
FY26 and 
FY27
Festival Ranch 
$0.3000
$3.0030
$3.3030
$0.3000
$2.9691 
$3.2691 
-1% 
Floreo at Teravalis
$0.3000
$0.0000
$0.3000
$0.3000
$0.0000
$0.3000
0%
Sundance
$0.3000
$1.6257
$1.9257
$0.3000
$1.5684 
$1.8684 
-2.98% 
Tartesso West
$0.3000
$2.8635
$3.1635
$0.3000
$2.9857 
$3.2857 
3.86% 
Verrado #1
$0.3000
$2.8808
$3.1808
$0.3000
$2.5361 
$2.8361 
-10.84%
Verrado Western Overlay
$0.3000
$3.2674
$3.5674
$0.3000
$ 3.0019
$ 3.3019 
-7.44%
Watson Road 
$0.3000
$0.0000
$0.3000
$0.3000
$0.0000
$0.3000
0%
Westpark
$0.3000
$3.3401
$3.6401
$0.3000
$3.3230 
$3.6230 
-.2%

Questions
Finance
5