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Alamar Community Facilities District presents $10.9 million FY2026 budget and proposes tax levy for district properties

3626064 · June 2, 2025
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Summary

At the board—s June 2 meeting staff presented a $10.9 million fiscal 2026 budget for the Alamar Community Facilities District and described a proposed combined tax rate of $4.15 for properties within the district; the transcript records the motion to proceed but does not show a final roll-call tally for the CFD resolutions.

At a June 2 board meeting held immediately after the regular Avondale City Council session, district finance staff presented the Alamar Community Facilities District (CFD) fiscal 2026 final budget totaling $10,900,000 and said the district planned to issue debt and levy a secondary property tax for debt service.

Renee (district finance staff) told the board the district—s combined property tax rate would be $4.15 per $100 of assessed value, applied only to property within the CFD. Renee said the primary rate would be $0.30 per $100 of assessed value to fund district operations and the secondary rate would be $3.85 per $100 to repay district debt.

Renee recommended holding a public hearing and adopting two CFD resolutions setting the final budget and the property tax levy for fiscal year ending June 30, 2026. The presentation drew no public speakers. The transcript records a motion by Councilmember White and a second by Councilmember Condie to proceed; however, the transcript does not include a clear roll-call vote or a recorded final tally for the CFD resolutions in the public record included here.

Because the recorded presentation contained the budget totals and rate proposals, the board and staff will need to confirm in the official minutes or subsequent filings whether the CFD resolutions were adopted and to publish the final levy certificate and debt issuance schedule as required for district debt repayment.

No substantive public comments were recorded on the CFD budget during the hearing in the provided transcript.