RES 02-25 Anthem Sun Valley CFD - FY2026 Final Budget (002)(GR 5.19.25)(6546052.2).pdf
City of Buckeye — Joint Community Facilities Districts (2025-06-03)
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6546052.2
RESOLUTION NO. 02-25 (Anthem Sun Valley)
RESOLUTION OF THE BOARD OF DIRECTORS OF THE ANTHEM SUN
VALLEY COMMUNITY FACILITIES DISTRICT (CITY OF BUCKEYE, ARIZONA)
APPROVING THE FINAL BUDGET OF THE DISTRICT FOR FISCAL YEAR
2025/2026, BEGINNING JULY 1, 2025, AND ENDING JUNE 30, 2026.
WHEREAS, on May 20, 2025, the Board of Directors (the “District Board”) of the Anthem
Sun Valley Community Facilities District (City of Buckeye, Arizona) (the “District”) met and
adopted the FY 2025/2026 proposed budget for the District; and
WHEREAS, the District Board intends to adopt the fiscal year 2025/2026 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 3, 2025, 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 3, 2025, 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.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
ANTHEM SUN VALLEY COMMUNITY FACILITIES DISTRICT (CITY OF BUCKEYE, ARIZONA)
as follows:
Section 1.
Budget Adopted. The District Budget in the amount of $6,500 is hereby
adopted as the budget of the District for the fiscal year 2025/2026.
Section 2.
No Invalidation of Proceedings. No failure by County officials to properly
return the delinquent list and no irregularity in the assessment or omission in the same, or
irregularity of any kind in any proceedings shall invalidate such proceedings or invalidate any title
conveyed by any tax deed, nor shall any failure or neglect of any officer or officers to perform any
of the duties assigned to him or to them on the day within time specified work an invalidation of
any proceedings or of any such deed or sale or affect the validity of the assessment and
levy of taxes or of the judgment or sale by which the collection of the same may be enforced or
in any manner affect the lien of the District upon such property for the delinquent taxes unpaid
thereon, and no overcharge as to part of the taxes or of costs shall invalidate any proceedings for
collecting of taxes or the foreclosure, and all acts of officers de facto shall be valid as if performed
by officers de jure.
Section 3.
Conflicting Resolutions Repealed. All resolutions and parts of resolutions
in conflict are hereby repealed.
Section 4.
Collection by County Assessor. Maricopa County, Arizona (the “County”),
6546052.2
2
is the assessing and collecting authority for the District, and the District Clerk is hereby directed
to transmit a certified copy of this Resolution to the Assessor and Board of Supervisors of the
County.
PASSED AND ADOPTED by the Board of Directors of the Anthem Sun Valley Community
Facilities District (City of Buckeye, Arizona), on June 3, 2025.
___________________________________
District Chairman
ATTEST:
_______________________________
District Clerk
APPROVED AS TO FORM:
_______________________________
District Attorney
Exhibit A: FY 25-26 Final Budget
EXHIBIT A - BUDGET
Anthem Sun Valley Community Facilities District
Buckeye, Arizona
FY 2025-26
Actual
Budget
FY 23-24
Adopted
Projected
FY 25-26
Revenues:
Property Taxes
$72
$72
$100
$100
Developer Contribution
6,311
6,785
6,300
6,400
Total revenues
6,383
6,857
6,400
6,500
Expenditures:
Administrative Fees
5,000
5,000
5,000
5,000
Operations and Maintenance
973
1,857
1,600
1,500
Contingency
-
-
-
-
Total expenditures
5,973
6,857
6,600
6,500
Excess (deficiency) of revenues over
(under) expenditures
410
-
(200)
-
Net Change in fund balances
410
-
(200)
-
Fund balances - beginning
(183)
$0
$200
$0
Fund balances - ending
$227
$0
$0
$0
Total Full Cash Value Net Assessed
24,441
427,802
427,802
24,465
Total Limited Property Valuation Net Assessed
23,930
23,953
23,953
23,977
Tax Rate - Debt Service
-
$
-
$
-
$
-
$
Tax Rate - O&M
0.3000
$
0.3000
$
0.3000
$
0.3000
$
FY 24-25 Budget