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Rancho Sarita Community Facilities District adopts $9.23 million tentative budget

3536573 · May 27, 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

Rancho Sarita Community Facilities District board approved a $9,233,410 tentative budget for fiscal year 2026, funded mainly by unspent bond proceeds and a property tax levy that remains at $4.99 per $100 of assessed value.

Sahuarita — The Rancho Sarita Community Facilities District board unanimously adopted a $9,233,410 tentative budget for fiscal year 2026 during the meeting, approving Resolution No. 2025-533 and setting a final budget public hearing for June 23, 2025.

AC Mariotti, serving as district treasurer and acting town manager, detailed the district’s finances: the district’s latest total assessed valuation is about $31.7 million, an increase of roughly $7.3 million (30%) over the prior year. The district encompasses about 943 acres inside Sahuarita and is currently about 32% built…

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