The Alamar Community Facilities District Board convened on May 5, 2025, to address key financial matters, including the approval of the fiscal year 2026 tentative budget. The meeting began with a roll call, confirming the presence of all board members except for one with an excused absence.

The highlight of the meeting was the presentation by Treasurer Renee Wenderless, who outlined the district's budgetary framework. The Alamar Community Facilities District, a special taxing district under Arizona law, is responsible for funding essential public infrastructure and services such as roads, parks, and public safety facilities through bond issuances. Wenderless detailed that the total budget for fiscal year 2026 is set at $10.9 million, funded primarily through property tax revenue and bond proceeds.

A significant aspect of the budget is the proposed property tax rate of $4.15 per $100 of assessed valuation, which will be levied only on properties within the district. This rate includes a primary rate of 30 cents for general operations and a secondary rate of $3.85 for debt service payments. The board is expected to revisit the budget on May 19 to approve the issuance of approximately $6.4 million in general obligation bonds, with a public hearing scheduled for June 2 to finalize the budget and tax levy.

The board unanimously passed the resolution to adopt the tentative budget, marking a crucial step in the district's financial planning for the upcoming fiscal year. The meeting concluded with a motion to adjourn, reflecting a productive session focused on the district's fiscal responsibilities and future infrastructure projects.