RES 01-25 Elianto CFD FY25-26 Tentative Budget (05.06.2025).pdf

6529723.1 
1 
RESOLUTION NO. 01-25 [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 THE 
FISCAL YEAR 2025-2026 BEGINNING JULY 1, 2025, AND ENDING JUNE 30, 
2026, AND SETTING HEARING DATES FOR THE 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 the fiscal year 2025-2026.  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 2025-2026 Annual Budget for the District; said 
hearing to be conducted on June 3, 2025, 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 17, 2025, 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), on May 20, 2025. 
 
 
District Chairman 
 
 
ATTEST: 
APPROVED AS TO FORM: 
 
 
District Clerk                                                              District Attorney 
 
 
 
 
 
Exhibit A:  FY 25-26 Tentative 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