Marley Park CFD board adopts intent to levy secondary property tax, final FY2026 budget
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Summary
The Marley Park Community Facilities District board on June 3, 2025 adopted a resolution to declare its intent to levy a secondary property tax at a rate of 2.7294 and approved the district's final FY2026 expenditure limitation budget, with both measures passing unanimously after public hearings with no speakers.
The Marley Park Community Facilities District Board on June 3, 2025 voted unanimously to adopt a resolution declaring its intent to levy a secondary property tax at a rate of 2.7294 and to approve the district's final fiscal year 2026 expenditure limitation budget.
The action covers funding for park operations, debt service, bank fees, principal and interest. The proposed levy at the adopted rate equates to a proposed total levy of $2,067,700; the district’s final FY2026 budget lists total sources and expenditures of $2,344,000. Both figures matched the numbers the board reviewed during the tentative budget presentation.
Board members opened public hearings on both items but the clerk reported there were no requests to speak. Ms. Manning, who presented the budget and levy information to the board, said the district complied with Arizona Revised Statutes Title 42 by posting the tax-levy notice 60 days before adoption and that the tentative-budget notices ran in a newspaper of general circulation on May 20 and May 27; she said the online posting occurred April 2.
Councilman Judd questioned whether the tax rate had changed from prior years, saying, “So just, just to clarify, the tax rate is not changing from last year. No. It's the same as it has been for a couple of years now. Correct.” The board chair and presenters confirmed the rate remained unchanged from the tentative figures.
Formal motions to approve the intent-to-levy resolution (MPCFD 2025-02) and to adopt the final FY2026 expenditure limitation budget (MPCFD 2025-03) were moved, seconded and approved by unanimous vote with no public testimony during the hearings.
The adopted levy and budget fund park operations and debt service for the Marley Park Community Facilities District. Board members indicated the numbers were unchanged from the tentative presentation and did not raise further questions during the meeting.
The board also approved consent minutes from the May 6, 2025 meeting and then adjourned. No future agenda requests affecting these items were made during the session.