Board of Directors of the Elianto Community Facilities District to take action on Resolution No. -25 approving the Tentative Budget of the District for the FY 2025-2026 beginning July 1, 2025, and end

4.B
CITY OF BUCKEYE
Joint Meeting of the Community Facilities Districts
BOARD ACTION REPORT
MEETING DATE: 05/20/25
AGENDA ITEM: 4.B. FY 2025-
2026 Community Facilities District
Tentative Budget - Elianto CFD
DATE PREPARED: 05/20/25
DISTRICT NO.: 8003
STAFF LIAISON: Larry Price, Special Districts Manager, lprice@buckeyeaz.gov,
(623) 349-6164
DEPARTMENT: Financial Services
AGENDA ITEM TYPE: CFD Item
ACTION/MOTION: (This language identifies the formal motion to be made by the Council) 
Board of Directors of the Elianto Community Facilities District to take action on Resolution No. 01-25
approving the Tentative Budget of the District for the FY 2025-2026 beginning July 1, 2025, and ending
June 30, 2026, and setting hearing dates for the budget and tax levy.
RELEVANT GOALS: 
GOAL 1: Fiscal Wellness and Financial Flexibility and Accountability
ADDITIONAL RELEVANT GOALS: 
GOAL 5: Responsive and Accountable Government and Effective Public Services
SUMMARY
PROJECT DESCRIPTION:
The Board of Directors of the District is required to approve a Tentative Budget for the District. Following
the required public notice, the Board will meet and conduct a public hearing on June 3, 2025. At this
time, property owners within the District may comment in favor of or against the expenditures or tax levy,
followed by action by the Board to adopt an Annual Budget for the District for FY 2025-2026. On June
17, 2025, the Board will meet to approve a tax levy and rate for the same fiscal year. 
BENEFITS:
Under Arizona law, each community facilities district must adopt an Annual Budget and establish a tax
levy and rate for the property within the District to meet the operating needs of the District.
FUTURE ACTION:
Conduct a public hearing on June 3, 2025, followed by action by the Board to adopt an Annual Budget
for the District for FY 2025-2026 and on June 17, 2025, to approve a tax levy and rate for the same fiscal
year.
FINANCIAL IMPACT STATEMENT:
The City is compensated for its services of administering the community facilities districts through an
administrative fee of thirty cents ($0.30) per $100 of assessed valuation.
BUDGETED:
Yes
FISCAL YEAR:
2025-2026

FUND/DEPARTMENT:
8003
Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:
RES 01-25 Elianto CFD FY25-26 Tentative Budget (05.06.2025).pdf