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Sedona Summit 2 and Fairfield boards approve feasibility reports and tentative FY27 budgets
Summary
At a joint meeting May 26, 2026, the governing boards for the Sedona Summit 2 and Fairfield Community Facility Districts unanimously approved feasibility reports and adopted tentative FY27 budgets, and scheduled final adoption hearings for June 23, 2026.
The governing boards of the Sedona Summit 2 Community Facility District and the Fairfield Community Facility District met jointly on May 26, 2026, and voted to approve feasibility reports and adopt tentative budgets for fiscal year 2026–27.
Board members opened public hearings on the feasibility reports and tentative budgets for each district, received no public testimony, and approved related resolutions by voice vote. The boards also approved minutes from the June 24, 2025 meetings. The boards scheduled a joint meeting on June 23, 2026, for final budget adoption and additional public input.
Why it matters: Community facility district (CFD) funds are legally restricted to capital improvement projects (CIP). Authorizing feasibility reports and releasing notices begins the formal process that can lead to funding park and related infrastructure projects within each CFD’s boundaries.
What the boards approved: A director moved to adopt Resolution No. 2026-1 for each district to approve the FY27–29 feasibility report and authorize publication of the hearing notice; each motion was seconded and carried. Boards then moved to adopt Resolution No. 2026-2 (Sedona Summit 2) and a similarly numbered resolution for Fairfield to adopt the tentative FY26–27 budgets and authorize publication of the budget hearing notice. Votes were recorded as unanimous among members present; one director was noted as excused during roll call.
Votes at a glance - Sedona Summit 2 — Resolution No. 2026-1 (approve feasibility report and authorize publication): moved by a director, seconded, outcome: approved (unanimous among present members). - Sedona Summit 2 — Resolution No. 2026-2 (adopt tentative FY26–27 budget and authorize publication): moved by a director, seconded, outcome: approved (unanimous among present members). - Fairfield CFD — Resolution No. 2026-1 (approve feasibility report and authorize publication): moved by a director, seconded, outcome: approved (unanimous among present members). - Fairfield CFD — Resolution No. 2026-2 (adopt tentative FY26–27 budget and authorize publication): moved by a director, seconded, outcome: approved (unanimous among present members).
Meeting procedure and next steps: Each approval authorized publication of the required notices and set the process toward final budget adoption. The boards will reconvene June 23, 2026, for final adoption of the FY26–27 budgets and to accept public comment on the feasibility reports.
