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Sedona Summit 2 and Fairfield CFDs adopt tentative FY24–25 budgets; Summit funds to restore Ranger Station interior
Summary
At a May 28 joint meeting the Sedona Summit 2 and Fairfield Community Facility District boards unanimously adopted tentative FY24–25 budgets. Finance staff said CFD law limits funds to capital improvements and that the Summit CFD's allocation will fund interior restoration of the Ranger Station house and barn.
Board Chair Scott Jablow called a joint meeting of the Sedona Summit 2 Community Facility District and the Fairfield Community Facility District to order May 28 and read the public-meeting notice required by state law.
A finance staff member told the boards that, under the districts’ legal restrictions, CFD funds must be used for capital improvement projects and that the districts have historically used the money for parks. “We legally, we have to use the funds for…
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