City of Coolidge
Arizona

Resolution
2816

18-02; a Resolution of the Chairman and Board of the Martin Valley Community Facilities District, City of Coolidge, Arizona, Approving the Final Budget for the Martin Valley Community Facilities District Board for the Fiscal Year Beginning July 1, 2018 and Ending June 30, 2019.

Information

Department:Finance DepartmentSponsors:
Category:Resolution

Attachments

  1. Printout
  2. RES - 18-02 Final Resolution Martin Valley (This file has not yet been converted to a viewable format)

Body

RECOMMENDATION

 

Adopt Resolution No. 18-02; a Resolution of the Chairman and Board of the Martin Valley Community Facilities District, City of Coolidge, Arizona, Approving the Final Budget for the Martin Valley Community Facilities District Board for the Fiscal Year Beginning July 1, 2018 and Ending June 30, 2019.

 

DISCUSSION

 

It is required to adopt the CFD budget for Fiscal Year 2018-2019.

 

FISCAL IMPACT

 

The AD Valorem property tax of $.30 for Operating and Maintenance will continue assessment this year. This year’s projection based on property value will generate $4,444.  All operating and maintenance expenses over that amount will be reimbursed by the developer.  

 

 

Meeting History

Jun 25, 2018 7:00 PM  Community Facilities District Board Martin Valley - Special Meeting

The Board considered approval of Resolution No. 18-02; which adopts the Final Budget for the Martin Valley Community Facilities District Board for the Fiscal Year beginning July 1, 2018 and ending June 30, 2019. There was no discussion.

RESULT:APPROVED [UNANIMOUS]
MOVER:Steve Hudson, District Members
SECONDER:Jimmy Walker, District Members
AYES:Jon Thompson, Jacque Hendrie-Henry, Jimmy Walker, Steve Hudson, Rob Hudelson, Tatiana Murrieta, Joseph Marsh