Resolution

RESOLUTION NO. CFD CD RES __ 
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CADENCE 
COMMUNITY FACILITIES DISTRICT (CITY OF MESA, ARIZONA) 
APPROVING THE TENTATIVE BUDGET OF THE DISTRICT FOR THE 
FISCAL YEAR BEGINNING JULY 1, 2026 AND ENDING JUNE 30, 2027, 
AND SETTING A HEARING DATE FOR THE BUDGET AND TAX LEVY. 
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CADENCE 
COMMUNITY FACILITIES DISTRICT (CITY OF MESA, 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 Cadence Community Facilities District (City of Mesa, 
Arizona) (the “District”) for the fiscal year 2026-27.  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 any general obligation bonds of the District 
(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 
governing body of the City of Mesa, Arizona 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 fiscal year 2026-27 Annual Budget for the District; said hearing to be 
conducted at 7:30 a.m. on May 21, 2026, at the Mesa City Council Chambers, 20 East Main Street, 
Mesa, Arizona 85201, with final approval of the District’s tax levy on May 21, 2026, same time 
and place. 
PASSED AND ADOPTED by the Board of Directors of the Cadence Community 
Facilities District (City of Mesa, Arizona), on May 7, 2026. 
District Chairman 
ATTEST: 
District Clerk 
APPROVED AS TO FORM: 
District Special Counsel

EXHIBIT A 
TO 
RESOLUTION NO. CFD CD RES ___ 
 
[Budget] 
 
See following page.

Sources
Use of Fund Balance
87,411
$              
Revenue
Used For:
Property Tax
Operations
140,549
              
Property Tax 
General Obligation Debt Service
829,241
              
Property Assessments
Assessment District Debt Service
329,189
              
Total Revenue
1,298,979
$        
Total Sources
1,386,390
$        
Uses
Expenditures
Operations:
Description:
Accounting
Audit Work, Software License, Staff Time
56,743
                
Budget
Staff Time
7,362
                   
Clerk
Publishing, Staff Time
1,586
                   
Engineering
Staff Time
48,957
                
Legal
Staff Time, Outside Legal Counsel
10,000
                
Treasurer
Staff Time
10,517
                
Operating Contingency
20,000
                
Total Operations
155,165
$            
Debt Service:
Description:
Principal
General Obligation and Special Assessment Bonds
650,000
              
Interest
General Obligation and Special Assessment Bonds
579,425
              
Fees
Bank Charges
1,800
                   
Total Debt Service
1,231,225
$        
Total Expenditures
1,386,390
$        
Total Uses
1,386,390
$        
Sources More/(Less) Than Uses
-
$                     
Cadence Community Facilities District
Fiscal Year 2026-27 Tentative Budget
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