RES_01-26_Elianto_FY_2027_Tentative_Budget With Exhibits.pdf
City of Buckeye — Joint Community Facilities Districts (2026-05-19)
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RESOLUTION NO. 01-26 (Elianto)
RESOLUTION OF THE BOARD OF DIRECTORS OF THE ELIANTO
COMMUNITY FACILITIES DISTRICT (CITY OF BUCKEYE, ARIZONA),
APPROVING THE TENTATIVE BUDGET OF THE DISTRICT FOR FISCAL
YEAR 2027, BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027, AND
SETTING HEARING DATES FOR THE FINAL BUDGET AND TAX LEVY.
BE IT RESOLVED by the Board of Directors of the Elianto Community Facilities District
(City of Buckeye, Arizona), as follows:
Section 1. The statements and schedules contained in the budget attached hereto as
Exhibit A and incorporated by reference herein are hereby approved for the purpose as
hereinafter set forth as the tentative budget for the Elianto Community Facilities District (City
of Buckeye, Arizona) (the “District”) for fiscal year 2027. The statements and estimates of the
operation and maintenance expenses of the District, the costs of capital improvements and
other expenditures for public infrastructure, and the amount needed to pay general obligation
bonds of the District, if any (collectively, the “District Expenditures”), which are to be paid from
ad valorem taxes collected in the District, are hereby filed with the District Clerk.
Section 2. The District Clerk is authorized and directed to cause to be mailed to the City
Council of the City of Buckeye, Arizona (the “City Council”) and published in the manner
prescribed by law, a notice that the District Board will meet for the purpose of conducting a final
hearing for District taxpayers on the statements and estimates of District Expenditures filed with
the District Clerk and on the adoption of the fiscal year 2027 Annual Budget for the District; said
hearing to be conducted on June 2, 2026, at 5:15 p.m. in the Executive Conference Room at
City Hall, 530 E. Monroe Avenue, Buckeye, Arizona 85326, with final approval of the District’s
tax levy on June 16, 2026, same time and place.
Section 3. This Resolution shall be effective immediately.
PASSED AND ADOPTED by the Board of Directors of the Elianto Community
Facilities District (City of Buckeye, Arizona), this 19th day of May, 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 Budget
EXHIBIT A
Fiscal Year 2027 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
-
2,500
100
Fund balances - ending
$2,515
-
-
-
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