Council to take action on Resolution No. 16-25 approving the Tentative Budgets for the attached Street Lighting Improvement Districts (SLIDs) for Fiscal Year 2025-2026, beginning July 1, 2025, and end

City of Buckeye — Regular Council Meeting (2025-05-20)

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4.Q
CITY OF BUCKEYE
Regular Council Meeting
COUNCIL ACTION REPORT
MEETING DATE: 05/20/25
AGENDA ITEM: 4.Q. FIN - Resolution
No. 16-25 Approving Street Lighting
Improvement District Tentative Budgets
for Fiscal Year 2025-2026
DATE PREPARED: 05/15/25
DISTRICT NO.:
STAFF LIAISON: Larry Price, Special Districts Manager, lprice@buckeyeaz.gov,
(623) 349-6164
DEPARTMENT: Financial Services
AGENDA ITEM TYPE: Consent Agenda
Items / New Business
ACTION/MOTION: (This language identifies the formal motion to be made by the Council) 
Council to take action on Resolution No. 16-25 approving the Tentative Budgets for the attached Street
Lighting Improvement Districts (SLIDs) for Fiscal Year 2025-2026, beginning July 1, 2025, and ending
June 30, 2026, and setting a hearing date for the budgets and establishing the annual assessment.
SUMMARY
PROJECT DESCRIPTION:
Street Lighting Improvement Districts (SLIDs) are established with the approval of the City Council. The
Council serves as the Governing Board of the SLID and the City administers the operations of the SLID
which are for the purpose of operating and maintaining street lighting located with the SLID. By Arizona
law, SLIDs cannot incur debt. The assessment is imposed on each property within the District and is
collected through the Maricopa County property tax system. The projected amount for revenues and
expenditures, for all SLIDs, is $565,700 for Fiscal Year 2025-2026.
BENEFITS:
The establishment and operation of SLIDs contributes to community safety by ensuring that streets are
well lighted, and that power supplied by the electric utility is paid for by the residents benefitting from the
street lighting adjacent to their home and neighborhood.
FUTURE ACTION:
Council action to conduct a public hearing and to adopt a final budget resolution, scheduled for June 3,
2025. Council action to adopt an annual assessment ordinance scheduled for June 17, 2025.
FINANCIAL IMPACT STATEMENT:
Revenues will come from property tax proceeds semi-annually.
BUDGETED:
Yes
FISCAL YEAR:
2025-2026
FUND/DEPARTMENT:
3150
Items related to a project or facility location must include an attached vicinity map for Council
Review.

ATTACHMENTS:
Resolution No. 16-25.pdf