CFD Post Ranch - Includes Action Taken
Return to the Search Page
Return to the Agenda
Jeffrey Graves, Budget Analyst
Finance Director Review:
City Attorney Review:
Type of Action Requested:
Adoption Of The FY2017 Property Tax Rate In The Amount Of $0.30 Per $100 Of Assessed Valuation For The Post Ranch Community Facilities District.
Adopt resolution establishing the FY2017 property tax rate at $0.30 per $100 of assessed valuation for the Post Ranch Community Facilities District.
The Post Ranch Community Facilities District Budget is specifically designed to pay existing debt service, expenditures of the district and to program reserves. All expenditures of the district are intended to be paid by the property tax. This action is a continuation of the existing $0.30 property tax rate. The tax rate includes an operational component ($0.30) and a General Obligation Bond component ($0.00). It is the intent of this action to adopt the rate and collect the corresponding estimated tax levy. Adoption of the resolution directs Pinal County to collect the $0.30 rate and adjust the estimated levy as appropriate.
A public hearing has been held and all the required notice has been published in the local paper as specified and the Board. This action will establish the tax rate for the District for FY2017.
Revenues of the District are directly dependent upon the adoption of the tax rate and corresponding tax levy.
Resolution - Approving Tax Levy for Post Ranch FY2016-17
AgendaQuick ©2005 - 2020 Destiny Software Inc. All Rights Reserved.