PVCFD#3 13-397
ADOPTION OF FISCAL YEAR 2013-2014 PROPERTY TAX RESOLUTION FOR PVCFD NO. 3 RECOMMENDATION: ADOPT RESOLUTION PVCFD#3 RES 13-038, A RESOLUTION OF THE GOODYEAR PALM VALLEY COMMUNITY FACILITIES DISTRICT NO. 3, MARICOPA COUNTY ARIZONA, LEVYING UPON THE ASSESSED VALUATION OF THE PROPERTY WITHIN THE DISTRICT, SUBJECT TO AD VALOREM TAXATION A CERTAIN SUM UPON EACH ONE HUNDRED DOLLARS ($100.00) OF VALUATION SUFFICIENT TO RAISE THE AMOUNTS ESTIMATED TO BE REQUIRED IN THE ANNUAL BUDGET, FOR THE PURPOSE OF PAYING FOR VARIOUS OPERATING EXPENSES; TO RAISE THE AMOUNT ESTIMATED TO BE REQUIRED IN THE ANNUAL BUDGET, LESS THE AMOUNT ESTIMATED TO BE RECEIVED FROM OTHER SOURCES OF REVENUE; PROVIDING FUNDS FOR VARIOUS BOND REDEMPTIONS, FOR THE PURPOSE OF PAYING PRINCIPAL AND INTEREST UPON BONDED INDEBTEDNESS; ALL FOR FISCAL YEAR ENDING THE 30TH DAY OF JUNE, 2014. PURPOSE: Arizona State law requires governmental agencies to adopt their property tax levy on or before the third Monday in August each year. The District Board adopted the final budget on June 18, 2013 for the Palm Valley Community Facilities District No. 3 relating to Fiscal Year 2013-2014. The property tax levy is required to be adopted by the District Board. (Sheila Mills, CFD Administrator)
- Committee
- Community Facilities District
- Introduced
- June 5, 2013
- On agenda
- June 17, 2013
- Passed
- June 17, 2013
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