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Marley Park board adopts tentative FY2026 budget, sets June 3 public hearing

3685407 · May 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Marley Park Community Facilities District board approved a resolution adopting a tentative FY2026 expenditure limitation budget and set a June 3 public hearing; the district—ontinues a 2.7294 tax rate that pays developer-backed infrastructure debt and allocates 30 cents for Heritage Park operations.

The Marley Park Community Facilities District board voted unanimously May 6 to adopt a tentative FY2026 expenditure limitation budget and to publish the tentative budget and set a public hearing for June 3, 2025, at 5:30 p.m. at the City of Surprise Council Chambers.

The move keeps the district nnual secondary property tax rate at 2.7294 and funds roughly $2.3 million in FY2026 sources, including debt service on infrastructure reimbursed to the developer and limited park operations. Andrea, a staff member presenting the item, told the board the CFD was created in February 2004 and that the district—urrently has $80 million in…

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