Resolution

RESOLUTION NO. CFD EM1 RES ____ 
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE EASTMARK 
COMMUNITY FACILITIES DISTRICT NO. 1 (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 EASTMARK 
COMMUNITY FACILITIES DISTRICT NO. 1 (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 Eastmark Community Facilities District No. 1 (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 Eastmark Community 
Facilities District No. 1 (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 EM1 RES ____ 
 
[Budget] 
 
See following page.

Sources
Use of Fund Balance
391,033
$     
Revenue
Used For:
Property Tax
Operations
349,640
        
Property Tax 
General Obligation Debt Service
3,780,483
    
Property Assessments
Assessment District Debt Service
1,355,000
    
Total Revenue
5,485,123
$  
Total Sources
5,876,156
$  
Uses
Expenditures
Operations:
Description:
Accounting
Audit Work, Software License, Staff Time
183,301
        
Budget
Staff Time
10,517
          
Clerk
Publishing, Staff Time
1,586
            
Engineering
Staff Time
27,923
          
Legal
Staff Time, Outside Legal Counsel
10,000
          
Treasurer
Staff Time
10,517
          
Operating Contingency
105,796
        
Total Operations
349,640
$     
Debt Service:
Description:
Principal
General Obligation and Special Assessment Bonds
2,887,000
    
Interest
General Obligation and Special Assessment Bonds
2,635,016
    
Fees
Bank Charges
4,500
            
Total Debt Service
5,526,516
$  
Total Expenditures
5,876,156
$  
Total Uses
5,876,156
$  
Sources More/(Less) Than Uses
-
$              
Eastmark Community Facilities District No. 1
Fiscal Year 2026-27 Tentative Budget
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