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Rancho Sarita district board adopts $9.23 million tentative FY2026 budget
Summary
The Rancho Sarita Community Facilities District board adopted a balanced tentative budget for fiscal year 2026 that sets the town's ceiling for spending and schedules a public hearing for final adoption June 23, 2025.
The Rancho Sarita Community Facilities District board adopted a tentative fiscal year 2026 budget of $9,233,410 and scheduled a public hearing for final adoption on June 23, 2025.
The tentative budget, presented by AC Mariotti, the district treasurer (serving as acting district manager for the meeting), “sets the budget ceiling for the year ahead,” he said, and cannot be exceeded by the final adoption. Mariotti told the board the district’s budget is balanced and that 79% of next year’s resources come from beginning fund balances, most driven by unspent bond proceeds.
Nut graf: The district — formed in 2014, encompassing 943…
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