RES 02-25 Elianto CFD - FY2026 Final Budget (002)(GR 5.19.2025)(6546056.2).pdf

6546056.2 
RESOLUTION NO. 02-25 (Elianto) 
 
RESOLUTION OF THE BOARD OF DIRECTORS OF THE ELIANTO 
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 Elianto 
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 
ELIANTO 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”), 
is the assessing and collecting authority for the District, and the District Clerk is hereby directed

6546056.2 
2 
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 Elianto 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
Elianto Community Facilities District
Buckeye, Arizona
FY 2025-26
Actual
Budget
FY 23-24
Adopted
Projected
FY 25-26
Revenues:
Property Taxes
$100
$85
$100
$3,400
Developer Contribution
7,669
               
6,415
               
6,100
               
3,100
               
Total revenues
7,769
               
6,500
               
6,200
               
6,500
               
Expenditures:
Administrative Fees
5,000
               
5,000
               
5,000
               
5,000
               
Operations and Maintenance
2,359
               
1,500
               
1,400
               
1,500
               
Total expenditures
7,359
               
6,500
               
6,400
               
6,500
               
Excess (deficiency) of revenues over
(under) expenditures
410
                  
-
                   
(200)
                 
-
                   
Net Change in fund balances
410
                  
-
                   
(200)
                 
-
                   
Fund balances - beginning
(183)
                 
-
                   
200
                  
-
                   
Fund balances - ending
$227
$0
$0
$0
Total Full Cash Value Net Assessed
96,144
             
90,034
             
90,033
             
2,923,604
       
Total Limited Property Valuation Net Assessed
33,249
             
28,184
             
28,183
             
1,253,457
       
Tax Rate - Debt Service 
-
$                 
-
$                 
-
$                 
-
$                 
Tax Rate - O&M
0.3000
$          
0.3000
$          
0.3000
$          
0.3000
$          
FY 24-25 Budget